• Karyoplasma
      link
      fedilink
      316 months ago

      They call everyone a VP so idiot customers can brag about how some important guy gave them investment advice. It’s a scam to fool the gullible.

      • @TheKMAP@lemmynsfw.com
        link
        fedilink
        English
        186 months ago

        I think originally it came from banking regulations requiring high level approval before someone could do risky shit. So now everyone is a VP

        • Karyoplasma
          link
          fedilink
          176 months ago

          So, it was a legal loophole? That’s kinda even more shady lol

      • @S_204@lemm.ee
        link
        fedilink
        116 months ago

        Real estate people too. If you’re not a VP in real estate, you don’t really exist. I’ve met guys with a VP title who are like 23 years old and not even done their mbas. It just makes everyone look stupid.

    • @Aceticon@lemmy.world
      link
      fedilink
      46 months ago

      From my experience working as an IT freelancer in the industry (so I’ve worked in a number of places), they all do that in Finance.