In recent weeks, we’ve received word that RBS will be “downsizing” bonuses by “at least” 30 percent this year; that it may lay off around ten percent of the staff in the coming months; and that employees have had their holiday party celebrations capped at one bag of (fun size) chips per head. So we were in need of some good news for the royalest bank of Scotland and here it is– these chippies can throw a party! Specifically, one centered around a children’s novel, which set the firm back a pretty penny but you know what? It was worth it and sorry, they’re not sorry.

About 400 executives and clients were treated to entertainment including a re-creation of the wizards’ high street Diagon Alley, flying Quidditch players and swooping Dementors.

The party for investment bankers, which was held late last month, is thought to have cost close to £100,000 at around £250 per guest.

The TaxPayers’ Alliance claimed taxpayers would be outraged but RBS said: “Spending time with customers at events like this one strengthens our business.”

Bailed-out RBS throws bankers Harry Potter party [This Is London via BI]

Comments (12)

  1. Posted by Guest | December 13, 2010 at 8:45 PM

    are the clients pedophiles?

  2. Posted by Guest | December 13, 2010 at 8:47 PM

    the stamford office is throwing a similarly themed party at beamers.

  3. Posted by Trixter | December 13, 2010 at 8:47 PM

    I think they can now legitimately use magic as an excuse as to where the customers’ funds went.

  4. Posted by Ping Jiang | December 13, 2010 at 9:10 PM

    Is there going to be a room for wand sessions?

    - P. Jiang

  5. Posted by Guest | December 13, 2010 at 9:11 PM

    Didn’t Enron have its Christmas party using the stage play “Equus” as its theme back in 2000? Anyone?

  6. Posted by Guest | December 13, 2010 at 9:16 PM

    yes, they did.

  7. Posted by Happyoff | December 13, 2010 at 9:30 PM

    Can I dress up as Hermione?

    /D. Kneale

  8. Posted by Guest | December 13, 2010 at 9:33 PM

    “Fuck you! And, well, in all..for what you are trying…jeez..uh…”

    -D. Mamet

  9. Posted by Goonga Galunga | December 13, 2010 at 9:48 PM

    The PJ jokes are getting bad, but this one was surprisingly refreshing.

  10. Posted by indridcold | December 13, 2010 at 9:50 PM

    i figured DK would want to go as Faggondorf?

  11. Posted by Ctraderblows | December 13, 2010 at 10:15 PM

    I thought he was a smurf?

  12. Posted by LEH quant, now a MS quant | December 13, 2010 at 10:40 PM

    “DiagonAlley”= the gradient of RBS excellence=0

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