Read about how bankers and executives use Davos as a meeting place for the World Economic Forum. This article was written by David Gelles of The New York Times.
Even before deal makers descended on Davos, Switzerland, for the World Economic Forum, they were making an important decision: how to protect their feet from the elements.
‘‘What shoes to wear is one of the most important questions,’’ said Jeffrey Rosen, deputy chairman of Lazard. A regular at the forum, Mr. Rosen is well accustomed to the mix of unpredictable winter weather in the Alps, long walks from the Congress Center to various hotels, fancy dinners and casual meetings that makes zeroing in on footwear a particular challenge for attendees.
It might seem mundane. But comfort is important because, for investment bankers, the main reason for being at the snowy resort town this week is not to linger over presentations about artificial intelligence or to schmooze at the chalet soirees. The point is to meet up with clients and prospective clients. As many as their endurance will allow. Read more…