BNP Paribas knows what we’re talking about.

Senior managers in BNP Paribas’ London fixed income business have apologized to staff after a dinner intended to lift their spirits deteriorated into a display of pole dancing. The dinner, which reportedly took place in mid-September at a London art gallery reportedly began pleasantly enough with a string quartet and free flowing champagne. During the dessert, however, attendees report that a woman in a tutu appeared on stage. This tutu was whipped off and the woman, clad only in a ‘scanty leotard,’ began to gyrate around a pole seemingly put there for that purpose. “She showed her crotch and bottom and stuck out her boobs and gyrated her body up and down,” says one attendee. “It was very tacky and the audience was very shocked and sat there in complete silence.” The dinner preceded an offsite organized for BNP Paribas’ 50 most important fixed income staff, several of whom are women. “It has been a tough year in banking – the idea was to energize everyone and to treat them for their hard work,” says the attendee.

BNP Paribas declined to comment. However, we understand that the bank has apologized to the staff who attended the event and has opened an investigation into the matter. The pole dancer apparently came as a surprise. The act had reportedly been billed as a Swan Lake style ballet with Cirque Du Soleil overtones.

In fairness to BNP, the surprise pole dancer represents marked improvement to the entertainment provided at last year’s morale boosting event.

Last year, BNP Paribas was reviled following a motivational offsite (also allegedly involving the fixed income business) featuring a video portraying a Deutsche Bank rival as Hitler.

BNP Paribas accidentally books pole dancer for fixed income party. Bank is mounting full investigation [eFinancial]

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Comments (21)

  1. Posted by Im_a_Dude | October 16, 2013 at 3:01 PM

    Seems that BNP isn't having much luck motivating their "50 most important Fixed Income staff" and should probably close the desk down

  2. Posted by 50 Shades of Shazar | October 16, 2013 at 3:01 PM

    thank heavens this wasn't written by Jon

  3. Posted by Big D | October 16, 2013 at 3:04 PM

    Weak attempt at a motivational outing. Two words: colored wristbands.

  4. Posted by Guest | October 16, 2013 at 3:05 PM

    Rumour has it BNP was trying to cut Dominique Strauss Kahn a break by hiring him in the corporate events department.

  5. Posted by Guest | October 16, 2013 at 3:07 PM

    Ballet dancers don't have boobs.

  6. Posted by Guest | October 16, 2013 at 3:18 PM

    Neither do "super" models. What's so super about it?

  7. Posted by geust | October 16, 2013 at 3:19 PM

    It's science!

  8. Posted by investorcluzo | October 16, 2013 at 3:25 PM

    a "full" investigation…where do I sign up?
    -BNP Jr. Compliance Officer

  9. Posted by B Iteme | October 16, 2013 at 3:25 PM

    I am shocked to hear that BNP has 50 Important Fixed Income Staffers.

  10. Posted by guest | October 16, 2013 at 3:27 PM

    I think the proper term these days is "wristbands of color"

  11. Posted by Dom's Event Mgt | October 16, 2013 at 3:30 PM

    All BNP said was they wanted a pirouette dancer. Those bankers should have been more specific.

  12. Posted by UBS Quant | October 16, 2013 at 4:02 PM

    What is "fixed income"?

  13. Posted by U.S. Consumer | October 16, 2013 at 4:16 PM

    What is "income", and can I get some for free?

  14. Posted by UBS MD | October 16, 2013 at 4:32 PM

    It's when you haven't gotten a pay raise since you were hired, industry standard in finance.

  15. Posted by ILoveLamp | October 16, 2013 at 4:33 PM

    What kinda acts we got? Well, there's "Swan Lake" with "Cirque du Soleil" overtones. Or, for a little extra, you can have "Chicago" with "Deep Throat" overtones. But if you want my advice, you should go all-in and get "Dirty Dancing" with "Weapons of Ass Destruction" overtones.

  16. Posted by The Pole Dancer | October 16, 2013 at 5:59 PM

    BNP Paribas is a great bank.

  17. Posted by CADtrader | October 16, 2013 at 6:09 PM

    I think you are mistaken…. all of the 'super' ones do.

  18. Posted by 3Cents | October 16, 2013 at 10:14 PM

    Nothing will come of this investigation. I am an ex-BNP employee. I had complained about one senior management Asian jerk, who attempted showing porn to junior employees (mostly female) at a dinner party at his place, among other inappropriate stuff he routinely dishes out to female employees, to the global and regional heads. Nothing came out of it other than "we will investigate into it". I guess sexually inappropriate behaviour is "Par" for the course at Paribas.

  19. Posted by Guest | October 17, 2013 at 9:06 AM

    They are French, not American p*ssies that do everything women want them to do.

  20. Posted by Guest | October 17, 2013 at 10:46 AM

    Bonds to make her dance

  21. Posted by Jon Corzine | October 17, 2013 at 1:40 PM

    BNP Paribas is the shittiest bank around. Baguette eating pussies.