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How the City works

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Четверг, 3 Сентября 2026

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Ever wondered what people actually mean when they talk about "The City"? Who are the players, how does the money move, and, crucially, how does it all connect to the news you read every day?

This live session with Peter Watson cuts through the jargon and gives you a clear, practical picture of how the UK's financial centre really operates, from the banks and brokers to the asset managers, insurers, and advisers that make it tick.

Whether you're applying for vacation schemes, graduate schemes, or internships this autumn, understanding the City isn't just useful background, it's something interviewers actively probe. This session gives you the knowledge and the confidence to talk about it fluently.

In this session, Peter will cover:

  • The key institutions in the City - what they do and how they differ (investment banks, commercial banks, asset managers, hedge funds, private equity, and more)
  • How capital markets work - equity, debt, and why companies come to the City to raise money
  • The role of financial intermediaries - who connects who, and why it matters
  • How the Bank of England and regulators fit into the picture
  • How to use your commercial awareness of City news to impress in interviews and applications

This session is ideal if you're:

  • A student or graduate targeting finance, law, consulting, or any client-facing City role
  • Preparing for interviews and want to understand the world your future employer operates in
  • A regular Watson's Daily reader who wants to connect the dots between the news and the bigger picture
  • Someone who feels like they should know this stuff already, but nobody's ever clearly explained it

No prior finance knowledge needed. Peter has spent 13 years as a stockbroker at investment banks in London and Tokyo, and has a knack for making complex financial structures genuinely easy to understand.

Places are limited — secure yours now.

Г-н Peter Watson

Hello there! I'm Peter Watson and I write Watson’s Daily, which is a set of integrated resources that help readers to understand, remember and utilise business and financial markets news in their careers and studies.

If you're looking for a roundup of all the key developments in the month of March 2026 you're in the right place! I'll save you loads of time - and I'm doing a special sector focus in this session on the oil sector.

I've spent the last 25 years in stockbroking, headhunting and writing about business news and financial markets and use this experience and knowledge to help you.

I am currently engaged in coaching law firms on commercial awareness from junior level through to senior partners.