Investment bankers, lawyers opt for discretion with in-house fine dining

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 90%

Business News News

Business Business Latest News,Business Business Headlines

Investment banks and law firms have fostered a thriving in-house dining scene where they can break bread away from prying eyes.

but, in reality, dealmakers enjoy dry-aged steak, and quench their carnivorous palates with fine wine. They’re just like us.spare no expense

Coles chief executive Leah Weckert, AustralianSuper’s Shaun Manuell, Victorian Premier Jacinta Allan and BGH Capital rainmaker Robin Bishop, among others, were treated to foie gras, eye fillet, roasted pumpkin and a steady flow of French wine, people who attended the dinner told“When you go to Macquarie, it’s almost more attentive than a five-star restaurant. They have wait staff with fantastic coffee, better than cafes,” says one person who has enjoyed Macquarie’s menus.

“Food brings people together,” he tells this masthead. “And our baristas do Australian coffee culture proud – and I am sure each office would like to claim their brew reigns supreme.”Financial ReviewBut just because there are no cheques, clients would be wise to remember who is picking up the tab. Deutsche Bank, for example, employs the OzHarvest Ventures-backed Gastronomy Group for its in-house needs, and Ashurst supplements service staff with contracted people when necessary, a spokesman for the law firm says. Another law firm, King & Wood Mallesons, has nine people in the kitchen and five waitstaff, who can cater for as many as 200 people.

Based on the 16th floor of Chifley Tower, UBS is known for classic staples like Black Angus tenderloin or roasted snapper, while its 22nd floor cafe packages about 150 frozen meals a week for rainmakers burning the midnight oil.Every February and August, staff plate approximately 1100 meals, while full-service banks welcome 8000 visitors during reporting months when the broking side hosts fund manager briefings on behalf of clients.It goes beyond taste.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment bankers (but not Barrenjoey) feast on OroraThis was a boring company, offering boring but profitable returns. And then, it went and blew its brains out.
Source: FinancialReview - 🏆 2. / 90 Read more »

MFG ASX: how Magellan could be saved by mysterious hall-of-fame investment legend Morry WakedShares surged again after the company sealed a deal with the secretive investor known for running one of Australia’s best quantitative investment firms.
Source: FinancialReview - 🏆 2. / 90 Read more »

Melbourne businessman Amit Miglani accused of targeting Indian community members in property investment scamThe ABC has spoken to more than a dozen people who allege the lost their life savings after investing with Melbourne businessman Amit Miglani, who some accuse of leveraging trust to target members of Australia's Indian community.
Source: abcnews - 🏆 5. / 83 Read more »

Clare O’Neil promises ‘profound and transformative’ investment to ease housing crisisAs issue becomes major election battleground, housing minister urges Coalition and Greens to ‘be part of the solution’ amid hold-up of bills in parliament
Source: GuardianAus - 🏆 1. / 98 Read more »

This high-octane investment bank drama is a sleeper hitLoud, cocaine-fuelled and set in a London investment bank, the third season of Industry begins next week.
Source: theage - 🏆 8. / 77 Read more »

This high-octane investment bank drama is a sleeper hitLoud, cocaine-fuelled and set in a London investment bank, the third season of Industry begins next week.
Source: brisbanetimes - 🏆 13. / 67 Read more »