A high paid investment banker has been suspended over stealing sandwiches from the staff canteen.

Paras Shah, 31 is reported to have been earning more than £1m a year including bonuses as Citigroup’s head of high-yield bond trading for Europe, the Middle East and Africa was removed from his position last month.

According to reports, Mr Shah, was suspended following allegations that he helped himself to sandwiches from the canteen at the bank’s London headquarters in Canary Wharf.

It is not clear how many times this happened or over what period of time the alleged behaviour occurred.

Mr Shah’s departure came weeks before the bank was due to pay annual bonuses to senior employees.

He joined Citigroup in 2017 after spending seven years at HSBC.

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