Not everywhere in the world is suited to Wall Streeters. They have specific needs that are all governed by one truth — bankers have money, but no time.
Still with the little time they have, bankers need to travel, feed themselves, dress the part, impress their clients and try to have a little fun once in a while.
Business Insider decided to try to figure out the truth about the best place to do all that.
We took 16 of the most important financial hubs in the U.S. and ranked them by their suitability for the banker life.
The Banker Livability Index has five components - length of commute (time is money), flight times to NYC, London, and Hong Kong (for getting to important meetings), services to make a banker's life easier (gyms, late night delivery, maid services, and laundry/dry cleaners), places to take clients and network (high end restaurants, high end bars, and, for special clients, strip clubs), and proximity to various luxury clothing stores. (You can read more about our methodology here.)
Lets see if anyone reconsiders some of their life choices after this one.
16. Detroit
What's there: Detroit is synonymous with the auto industry, home of General Motors and a number of other auto manufacturers.
Banker Livability Index: 66
Why the rank: Detroit, tragically, lacks most of the amenities a banker needs. Motown received the lowest scores of any of the cities in the subindexes for services and for places to go out.
15. Minneapolis/St. Paul, MN
What's there: A ton of Fortune 500 companies are headquartered in Minneapolis, including Target, U.S. Bancorp, General Mills, and Ameriprise Financial.
Banker Livability Index: 78
Why the rank: Minneapolis bankers enjoy a slightly shorter commute than many of their peers in other cities, but a dearth of expensive restaurants and bars holds the Twin Cities back.
14. Charlotte
What's there: Bank of America, a monolith of the financial industry.
Banker Livability Index: 81
Why the rank: Charlotte has a similar BLI profile to Minneapolis - a fairly short commute and okay services, but without too many high end bars or restaurants.
See the rest of the story at Business Insider