Business

City traders fired after being caught having sex with a cleaner in the office after-hours


By Mark Hookham and Charlotte Griffiths

23:35 04 May 2024, up to date 00:52 05 May 2024

  • Two bankers at Stifel, a main US funding agency, had sex with a cleaner



It is a sex scandal that even by the typically debauched requirements of City traders has set tongues wagging in the Square Mile.

The Mail on Sunday can reveal that two bankers at Stifel, a main US funding agency, have been sacked after being caught having sex with a cleaner in the office after-hours.

As rumours of the scandal swept the City final week, some sources prompt the girl had been paid for sex. 

A supply at the financial institution, nevertheless, denied the declare and insisted that an inner investigation had discovered no proof of funds being made.

Founded greater than 130 years in the past in St Louis, Missouri, and with a gleaming office reverse St Paul’s Cathedral, Stifel is ranked amongst the high US funding banks in London. 

Two bankers at Stifel, a main US funding agency in London’s City, have been sacked after being caught having sex with a cleaner in the office after-hours (Stock picture)

Like most American banks, it has a strict moral code for workers, which states that ‘Stifel expects all associates to behave with integrity in their dealings with shoppers, different associates, third events, or anybody else they arrive into contact with.’

READ MORE: Sexism report reveals surprising harassment and bullying in the City of London: Woman was compelled out of labor when supervisor put his hand up her skirt – however he stored his job – whereas one other banker dubbed ‘Sexy Stacey’ had a witch’s hat left on her desk

Sources, nevertheless, claimed the two males, each believed to be extremely paid traders, had individually been having sex with the similar office cleaner.

The sexual liaisons are understood to have taken place in the bogs and different places inside the constructing at evening, when the London and different European inventory markets have been closed and when the buying and selling flooring have been empty.

One of the males was believed to be a younger dealer and the second a extra senior member of employees.

The financial institution’s bosses first heard the extraordinary claims earlier this yr and launched an investigation, which concerned analysing safety go data and poring over CCTV footage.

Details of the scandal emerged final week after colleagues realized that the pair had been sacked. 

The cleaner, who works for an exterior firm, can be understood to now not work in the office.

By Thursday night, as bankers gathered at a restaurant subsequent to Stifel’s office, a guessing sport had begun over the identities of the sacked employees. 

‘It’s simply the thought…in the morning once I go into the kitchen, ‘Oh, what is going on on right here?’ joked one supervisor.

‘Next time you may have some fruit, ensure that it is very well washed.

‘Who would have thought it? You see this girl in the hallway and she or he’s tremendous well mannered, she appears skilled. You do not put two and two collectively.’

Discussing doable culprits, one colleague was dominated out as a result of he was ‘too outdated’ and primarily in enjoying golf.

Last evening a City supply mentioned executives at the financial institution ‘will probably be tearing their hair out’, including: ‘Even by the requirements of the City, that is unacceptable. Things are most likely tamer than they have been in the unhealthy outdated days, however there may be nonetheless unhealthy behaviour in the City.’

Neil Shapiro, head of company communications at Stifel, mentioned: ‘This matter, involving two staff, got here to gentle a number of months in the past. We investigated and have taken applicable motion. Both people are now not with the agency.’

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