Deutsche Bank spares worker who admitted to spending corporate funds at strip club

South Africa News News

Deutsche Bank spares worker who admitted to spending corporate funds at strip club
South Africa Latest News,South Africa Headlines
  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 94%

A banker will get to keep his job after he was the only one to confess that he and his co-workers attended a strip club and attempted to charge the bank for their visit.

Deutsche Bank opened an investigation after four bankers tried to expense a tab for their February visit to the club Sapphire New York that topped $1,000. Though three bankers insisted the tab was rung up at a steakhouse the strip club also operates, a junior banker, the only one to remain employed with the company, confessed that the group had actually gone to the club and “did in fact express contrition” for the visit, insiders told the New York Post.

The bank treats any situation in which two or more employees are together as a corporate event and considers going to a strip club with colleagues a violation of company policy, those with knowledge of the bank's practices said. At least one employee who did not visit the club with the group was still fired in connection to the incident, though details about that decision were not provided.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

dcexaminer /  🏆 6. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indian Government Consulting With IMF, World Bank on Crypto Policy – Regulation Bitcoin NewsIndian Government Consulting With IMF, World Bank on Crypto Policy – Regulation Bitcoin News“We have reached out to institutional stakeholders within the country and outside. We are taking inputs from the IMF and the World Bank and incorporating these.” crypto cryptocurrency bitcoin $BTC
Read more »

GOP lawmaker exposes what bank records reveal about the Biden familyIowa Republican Sen. Chuck Grassley weighs in on the Biden family's questionable business dealings on 'Kudlow.'
Read more »

GOP lawmaker exposes what bank records reveal about the Biden familyGOP lawmaker exposes what bank records reveal about the Biden familyIowa Republican Sen. Chuck Grassley weighs in on the Biden family's questionable business dealings on 'Kudlow.'
Read more »

Wild crime spree ends in crash after Walmart carjacking, bank robbery attempt, cops sayWild crime spree ends in crash after Walmart carjacking, bank robbery attempt, cops sayHoward Parks, 34, of East Orange, faces charges of robbery, two counts of carjacking, receiving stolen property and assault by auto in Morris County.
Read more »

Jade, multi-level restaurant-club, set to open in Cleveland Flats East Bank next weekJade, multi-level restaurant-club, set to open in Cleveland Flats East Bank next weekAfter three and a half years of planning and construction, Jade is set to open in the Flats East Bank.
Read more »



Render Time: 2025-03-03 01:01:01