Enter multiple symbols separated by commas

London's top bankers strip for a good cause

Bare-chested and singing, some of the City's top bankers ripped off their business attire in a video that's landed on YouTube, The Wall Street Journal reported Wednesday.

In a short video made for a London theater's fundraiser, a group including Citigroup trading desk boss Derek Bandeen, ICAP boss Michael Spencer and former JPMorgan Chase executive Bill Winters pitch an idea for a musical.

London's top bankers strip for a good cause
Source: YoungVicLondon | YouTube
London's top bankers strip for a good cause

"It's set in the City. It's about a group of bankers. These guys work very hard by day. They slog. They battle. They grind," Winters begins.

But when the sun sets, Spencer says, "they get to do a job they really love."

They become ... strippers.

"6 p.m. comes, and we are out of the door. Free of the shackles—we are bankers no more. Take off our clothes, we are finally free. Now that I'm naked, I'm the genuine me," they sing together before ripping off their dress shirts.

The Journal noted that the video was supposed to stay private but made its way to YouTube in mid-December. So far, it's notched about 7,500 views.

To read the full WSJ article, click here.

Watch the YouTube video below. The banker segment begins around 3:17.

—By CNBC.com staff.


  • Management shakeup: Catalyst for investment?

    Philippe Bodereau, MD & global head of financial research at Pimco, reveals whether earnings and new management roles have made him more bullish on European banks.

  • This is the top credit risk for Asian banks

    Eugene Tarzimanov, VP and senior credit officer at Moody's Investors Service, explains why the unwinding of asset bubbles is the biggest risk for Asian banks in the months ahead, followed by China's slowdown.

  • Fred Hochberg and Penny Pritzker

    The Commerce Secretary and head of the Export-Important Bank urge Congress to put U.S. businesses first and reauthorize the bank.