May 22, 2013

Compliance clamps down on bankers talk in bars

Banking compliance teams are reporting clamping down on investment bankers talk in bars, in a bid to prevent the spread of sensitive and confidential information.

According to Reuters, a source has informed them at a European investment bank has requested that staff must take part in a number of ‘simulations’, which including outings to the pub.

The idea of such simulations is to encourage bankers  to understand where to draw the line in terms of private conversations and imply say ‘no’. Such sessions were reportedly held mainly over webcasts according to the report.

 

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