Investment Banking

Credit Suisse tells juniors to expense takeaways as deal boom makes all-nighters the norm

Juniors at Barclays have been offered similar perks in recent weeks

Credit Suisse tells juniors to expense takeaways as deal boom makes all-nighters the norm
Photo: Getty Images

Investment banks are rolling out a new perk for juniors burning the midnight oil at home — free takeaways.

Banks including Credit Suisse and Barclays have started offering reimbursements to home-bound junior bankers required to work into the night, as banks see record deal flow while most of their employees remain locked in at home.

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JPMorgan Is Revamping Its Bank for the Superrich to Cater to Global ClienteleExternal link

JPMorgan Is Revamping Its Bank for the Superrich to Cater to Global Clientele