For Recruiters
The incident is said to have prompted some juniors to leave the bank.

Complaints as junior bankers attend a strip club

Juniors at a bank in London are complaining that senior bankers encouraged them to attend a strip club following a team meeting earlier this year. 

Sources claim that following a team meeting for bankers from across Europe, staff went out for dinner followed by drinks in pubs across London. Once female members of the team had gone home, they claim that remaining male analysts and associates were "cajoled" into attending the strip club.

MDs were allegedly keen that male juniors should visit the club, and even paid their entrance fee. The MDs concerned are said to have encouraged juniors to have private lap dances and may have paid for the dances to take place. Juniors who didn't wholeheartedly participate in the dances were allegedly teased for their lack of enthusiasm.

The incident, which is said to have happened at the start of the year, has allegedly led some juniors to leave the bank. "Senior management preach about diversity and inclusion, but behind the scenes, they cover up this kind of behaviour," claimed one source. "It sends a message to female staff that this sexist behaviour is accepted, encouraged and overlooked. It also makes them feel that if they suffer harassment, there is nothing that will be done about it."

In March this year, four bankers were fired from Deutsche Bank in New York after expensing the attendance of a strip club. Three have yet to find new roles.

Photo by Ruth Gledhill on Unsplash

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters for financial services and technology roles that are truly inclusive.  

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

author-card-avatar
AUTHORSarah Butcher Global Editor
Cancel
  • An
    Anonymous
    21 September 2022

    Nobody left the bank because of this.

  • An
    Anonymous
    20 September 2022

    Which bank was it? Santander as referred to in the other article or someone else?

Apply for jobs

Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs
Selby Jennings
Restructuring - Associate
Selby Jennings
London, United Kingdom
Metis Search
Private Funds Group Analyst
Metis Search
London, United Kingdom
Selby Jennings
Generalist/M&A - Associate
Selby Jennings
London, United Kingdom
Selby Jennings
Generalist M&A Investment Banking - Analyst 1-3
Selby Jennings
London, United Kingdom
Fourier Ltd
Junior Quantitative Researcher
Fourier Ltd
London, United Kingdom
Selby Jennings
Trading Assistant
Selby Jennings
London, United Kingdom