Global head gets striped

A recent lunch with one global head of FX at a major player yielded a funny story. He told me that someone at his own bank tried to rip him off for a couple of big figures on a decent-sized personal account deal recently. Incredulous, a clerk asked the ‘ripper offer’ if they knew who they were striping up. Apparently that was no deterrent. Still, the clerk is now first in line for a job in the dealing room. I’m glad to see that sense is still rewarded.