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Banker Who Earns £1 Million Annually Is Suspended For Stealing Sandwiches From The Staff Canteen.

Banker Who Earns £1 Million Annually Is Suspended For Stealing Sandwiches From The Staff Canteen.

It is not clear how many sandwiches Mr. Shah is alleged to have stolen, or over what period the alleged thefts took place. However, the 31-year-old has been suspended as according to a number of allegations, he had been stealing food from its headquarters at Canary Wharf.

Paras Shah, 31, has been suspended as Citigroup’s head of high-yield bond trading for Europe, the Middle East, and Africa last month.
According to a number of allegations, he had been stealing food from its headquarters at Canary Wharf in east London, the Financial Times reported. However, it is not clear how many sandwiches Mr. Shah is alleged to have stolen, or over what period the alleged thefts took place.

 

 

The employee review website Glassdoor says the average salary for a credit trader is £183,740, but Mr. Shah is likely to have earned far more than that given his senior role at Citi. According to Mr. Shah's  LinkedIn profile, he is skilled in securities, trading and risk management.
 

 

He graduated from the University of Bath in 2010 with a degree in economics after attending the Latymer grammar school in Edmonton, north London and joined HSBC’s fixed-income trading division scheme that year and spent seven years with the bank before joining Citi in 2017.
 

 

Shah's profile tells that he was promoted to head of Europe, Middle East, and Africa high-yield credit trading after only two months with Citi.

 

 

 

 

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Disclaimer : This is based on sources and we have been unable to verify this information independently.

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