Deutsche Bankers are taking the Tube and cutting back on strippers. Bankers of America are skipping the soap. Where will it all end?
How far can banks cut costs before being a banker loses its charm? Following hot on the heels of Citigroup’s productivity guru and Bank of America’s possibly spurious decision to do away with soap and flavoured teas, Deutsche is the latest to take on the cost-cutting mantle.
Does this take the pleasure out of being a banker? How will Deutsche’s bankers cope in the 2nd class cubicles? Or is it time for the industry to come back down to earth anyway? Unleash your fury below.