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.


  • Jamie Dimon, CEO of JP Morgan Chase.

    JPMorgan Chase officials have not done enough to show how well the company is run, Chairman and CEO Jamie Dimon said on Wednesday.

  • A Qatari official stands near the FIFA World Cup trophy following its arrival in Doha.

    Qatar losing the right to host the FIFA World Cup is “within the realm of possibility,” Citi bank has said, with Wednesday’s arrests “bearish” for the Arab emirate’s banks.

  • Jamie Dimon

    JPMorgan Chase's officials haven't done enough to show what the company is doing right, leading to shareholders disapproval.