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.”