Tag: whistleblowing

whistleblowing

And Finally…

In a strange quirk of timing, just a day after I published my thoughts on the need for traders to escalate issues, we got news of a whistleblower being awarded $50 million, purportedly for revealing details of how a bank harmed customers. In Thursday’s column I argued that the trader who last week told a […]

Former HSBC FX Head Suing for Unfair Dismissal

Documents published by the East London Employment Tribunal indicate that former HSBC global head of FX and commodities, Frederic Boillereau, has brought an action against four senior managers at the bank as well as the institution itself. The first day of the hearing is scheduled for Tuesday, January 28 and HSBC, former head of global […]

Banerjee Ruling Leaves RBC Looking at a Big Bill?

The judge’s summary in the unfair dismissal case in which John Banerjee won his claim against Royal Bank of Canada has been published by a London employment tribunal and could see the bank facing a large compensation bill.
Rarely in such cases, Banerjee’s claim for whistleblower status was not dismissed, with Employment Judge James Tayler finding that he was unfairly dismissed principally for “the making of a protected disclosure”.
In the ruling, Judge Tayler refers to an address, in which staff were encouraged to report wrongdoing, and were told “don’t ask don’t tell will not be tolerated”.

And Another Thing…

There is probably more value in me writing about my holiday than the industry given how I did not, for one second, bother to look at what was going on! Luckily for you, dear readers, you will not have to suffer my eulogy to the Amalfi Coast, rather I want to discuss something that happened just before I went on my break, yet another unfair dismissal case – this one with the added spice of a plaintiff claiming whistle blower status.