Barclays bankers said stressed after colleague fired for 'joke' email

Email Simon Stratford

Bankers keen to establish where you draw the line.

Morale at Barclays in New York is said to have plummeted earlier this month after the bank fired Justin Kwan, a junior banker, for sending a jokey e-mail to the new crop of interns.

The New York Post reports that the June 3 e-mail from Kwan, a second-year analyst in the bank’s Power Group, told the interns that 'if you can’t handle the heat, get out of the kitchen', and that they should 'bring extra ties to be used as napkins for their superiors'.

After Kwan was fired three days later, Barclays employees are said to have inundated managers’ in-boxes with questions about what they can and cannot say for fear of being let go.

Kwan is said to have lost two jobs in a few days earlier this month, after his missive leaked to the Wall Street Journal.

Gawker reported that Kwan was set to leave Barclays at some point this summer anyway for a job at The Carlyle Group. The private equity group, however, is also thought to have withdrawn its offer.

To access the complete New York Post article hit the link below:

Barclays bankers on edge after firing over joke email

A tax increase on hedge funds won’t help the poor

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts