Investment bank Citigroup has suspended a senior trader, Paras Shah who earned more than £1m a year, over allegedly helping himself to some sandwiches in the canteen.
It is not clear how many times this happened of the alleged theft.
The Financial Times reported Shah was removed from his post as head of high-yield bond trading for Europe, the Middle East and Africa in January.
This is not the first time a financial worker has been accused of personal misconduct as in 2014 a managing director from the US firm BlackRock was found to have dodged paying full price for train fares.
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