Two traders sacked by ANZ Banking Group for inappropriate behaviour are suing the bank for tens of millions of dollars, claiming a rampant culture of sex, drugs and alcohol was condoned among senior staff on the dealing floor.
"What a waste, it should have been sprinkled on a birthday cake," a senior ANZ markets trader said after a "white substance" was found in the male toilet of the bank's dealing room floor, according to court documents filed by Etienne Alexiou.
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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
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Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au
