A deal tombstone is a traditional commemorative object used in finance and investment banking to mark the completion of a transaction. While widely recognised, tombstones are often generic and visually similar.

In recent years, many firms have begun looking for alternatives that feel more personal and memorable. Hand-painted caricature artwork has emerged as one such option.

Unlike a standard tombstone, a caricature can show the people behind the deal — not just the numbers. It reflects collaboration, personality and shared effort, turning an abstract transaction into a visual story.

For teams that have worked closely together over long periods, this human element is often what makes the artwork meaningful. It becomes something people actually want to display, rather than store away.

Caricature doesn’t replace tombstones entirely, but it offers a compelling alternative for firms seeking something distinctive.