Yorkshire Post

Fed-up boss warns flashy bankers to stop showing off... or else

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FLASHY INVESTMENT bankers have been ordered to stop showing off or face an abrupt check on their highly-paid careers.

Colin Fan, head of the markets division at Deutsche Bank, warned he was fed-up of their “boastful, indiscreet and vulgar” behaviour and it would not be tolerated.

The blunt personal video message from Mr Fan to all staff in the division, which was revealed by the Financial Times, warned employees that their emails, conversati­ons and conduct would be scrutinise­d.

It reflects anxiety within the financial sector over corporate reputation­s as regulators rake over records and emails in the wake of scandals such as Libor rate-rigging.

Mr Fan said: “This is an important message. You need to pay close attention. It’s about how you communicat­e in this company. Some of you are falling way short of our establishe­d standards. Let’s be clear: our reputation is everything. Being boastful, indiscreet and vulgar is not OK. It will have serious consequenc­es for your career.”

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