
Older folk in the Square Mile bemoan the demise of the liquid lunch. Hammering out the terms of a deal over a glass (or three) of Chateauneuf du Pape just isn’t how it’s done anymore. But bankers at JPMorgan appear to be reviving the tradition – and not just the liquid lunch, but the liquid breakfast, too.
Earlier this month the firm submitted a licensing application to the City of London Corporation ‘to permit the sale of alcohol on the premises’ at its private banking office on the Embankment.