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BlackRock’s big in Japan

Just when you thought that morale at bigger firms is not quite what it is cut out to be, the Diary is here to prove you wrong.

Only a couple of weeks ago, we found that if you ever wanted to look for a member of the BlackRock team in their lunch hour, you need only make a visit to Japanese restaurant Mugen.

On most days, you can find anyone from analysts to the CIO present in the restaurant tucking into sushi.

Managing director Richard Royds says: “It is a business decision. We offer them enough paying customers to keep them afloat while they supply us with the right foods that make us so intelligent.”

We agree with you, Richard. Who needs first-class degrees when fish and beer can teach you all you ever wanted to know?

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