“This isn’t a fintech beard,” says Ed Budd, sitting down with FN in Deutsche Bank’s Bishops Square offices, a stone's throw from London's Shoreditch. “It’s a farming beard.”

It’s a worthwhile clarification. During the working week, Budd is chief digital officer in Deutsche Bank’s global transaction banking division. At the weekend, he runs the farm he bought in 2008 near Hay-on-Wye in Herefordshire, raising cattle that he sells through local butchers.