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Goldman Sachs Group paid out well over $12 million to a veteran executive who complained internally about a toxic workplace for women in the highest echelons of Wall Street's most prestigious firm.
November 15 -
Bank of America has told its global markets employees that they're required to be in the office almost every day as the Wall Street firm seeks to restore some of the culture that prevailed before the pandemic.
November 1 -
Refining internal processes and reassessing daily workflows is more important than ever at a time when bankers are frequently asked to do more with less.
October 26 -
Exclusive Arizent research found that more than 95% of employees think they have something to learn from people who are different from them. But only 66% think that diverse companies make better decisions. We explore the disconnect.
October 26 -
JPMorgan Chase agreed to resolve a suit by a former vice president in its anti-corruption unit claiming she was marginalized, mistreated and then fired from the bank for complaining about compliance failures.
October 25 -
The nation's three largest lenders — Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group — said they are allowing more flexibility, eschewing a minimum number of office days per week, as experienced elsewhere.
October 24 -
A former Deutsche Bank managing director said she was put up for redundancy purely because of her age and gender, just as executives in London feared the COVID pandemic would hit lending to the bank's wealthy clients.
October 18 -
An ex-Goldman Sachs Group banker sued the investment bank for around £20.3 million ($22.9 million) to make up for his losing his job after he made whistleblowing allegations about regulatory failures.
October 18 -
Robinhood Markets is poised to succeed in pushing a female former engineer's claims about a "toxic culture of gender bias" at the company out of open court and into private arbitration.
October 17 -
Sexual assaults, lurid propositions and a sex tape pack the latest filings in a class action against Goldman Sachs. But it's a boss's comment about his assistant's engagement ring two decades ago and a woman who complained an executive checked her out that have set off an especially bitter dispute in the case.
October 6