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For Gordon Gecko, the villain of Oliver Stone’s 1987 film Wall Street, lunch is for wimps. In Michael Lewis’ 1989 book Liar’s Poker, about his time working in a U.S. investment bank, bond traders would hold burger-eating contests and mock colleagues who admitted exercising. Investment banks have a reputation as soulless, unfeeling, terrible places to work.
But the way investment banks work today has changed, and as a result, so has the way they use property. Now, in order to compete with tech companies and improve productivity, the new offices being opened by giant financial services firms offer mindfulness spaces, yoga studios, biophilic design and vegan lunch options. Flexibility is key, in terms of how, when and where banking staff work.
“Our people were telling us, we want to work hard, we don’t mind long hours, but we want to do it healthily,” Deutsche Bank Managing Director for Corporate Services Kathryn Harrison-Thomas said.“For the first time we’re going to have five generations at the same time…
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