Some thorny issues for employers arise from the reported settlement last week of a sexual discrimination and harassment claim brought against Goldman Sachs by Sonia Pereiro-Mendez. This case hit the news not because of the nature of her allegations (big City house treats pregnant woman as suddenly of much less value – all relatively usual … Continue Reading
Last weekend, I watched what is tipped to be Leonardo Di Caprio’s Oscar–winning performance in Martin Scorsese’s “The Wolf of Wall Street”. For those of you who haven’t yet seen the film it provides a testosterone-filled snapshot of life in Wall Street in the ‘80s: high risk deals, with plenty of drug and alcohol-fuelled ‘high-jinks’, … Continue Reading
Transatlantic Financial Services website Financial Markets & Business News – Here Is The City – The Financial Markets Guide quoted last week a passage from the book “The Making of Goldman Sachs”. It dealt with how Goldmans successfully upgraded its London staff without significant claims or severance payments, i.e. by being very “civilised” about the … Continue Reading