The allegations described a boss letting loose with profane tirades, sexist insults, racist comments, even physical intimidation. Purported incidents piled up for four years inside the sprawling investment empire of buyout mogul Leon Black, ending only when the accuser left …
A top Lloyd’s of London insurance brokerage, Guy Carpenter & Co., fired a senior vice president for sending a sexually explicit email about a female colleague, one of the first dismissals to come to light since the industry began cracking …
The global #MeToo movement, in which women across much of the corporate world have spoken out about sexual harassment at work, is having an unintended consequence: more work for top city lawyers. Clifford Chance, one of London’s leading “magic circle” …
The Bank of England called for Lloyd’s of London to demonstrate progress in tackling the insurance market’s culture of sexual harassment. The BOE’s director of insurance supervision Anna Sweeney said she would work together with the Financial Conduct Authority to …
For most of the traders, bankers, lawyers and accountants who populate the City of London, the era of excessive daytime boozing is long gone. Pubs and pints have been replaced by coffee shops and lattes. Dealmaking hasn’t suffered for it. …
A Lloyd’s of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding the message outside the firm. “We take all incidents of …
Two executives at a top Lloyd’s of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of stalking a junior employee. The first executive was said to …
Harvey Weinstein, women who accused him of sexual misconduct, his former film studio’s board members and the New York attorney general’s office have reached a tentative $44 million deal to resolve lawsuits and compensate alleged victims of the Hollywood producer, …
McDonald’s Corp. was accused on Tuesday in 25 new lawsuits and regulatory charges of condoning sexual harassment in the workplace and retaliating against employees who speak up. The cases announced by the American Civil Liberties Union (ACLU), the labor group …
Lloyd’s of London has commissioned an independent culture survey following a Bloomberg Businessweek article that uncovered evidence of sexual misconduct in the world’s oldest insurance market. The survey is being carried out by the Banking Standards Board, a not-for-profit organization …
