Tuesday, November 03, 2009

No Whiff of PC in Japanese Investment Banks!

MAIL ONLINE: Two women City high-flyers who claim they were hounded out of their jobs by sexist Japanese bosses are both suing a leading investment bank for £1.5 million.

Maureen Murphy, 30, alleges that a woman trader at Nomura bank had to endure her breasts being referred to as 'honkers' during a meeting.

She says that a male colleague claimed that women 'belong at home cleaning the floors'.

And another allegedly said that the key to cheating on wives was 'not getting caught'.

Miss Murphy, a senior analyst earning £55,000 a year, and Anna Francis, 37, a director on £250,000 including bonus, had worked in Asian equities sales at Lehman Brothers in Canary Wharf before the bank collapsed in September last year.

The two women moved to Nomura as part of a buyout by the Japanese bank and expected equally prominent roles.

But they claim sexist Japanese bosses withheld work and fired them because they were female and non-Japanese.

Their barrister Michael Duggan told Central London Employment Tribunal: 'This organisation is institutionally racist and sexist.' Two women City high-flyers 'hounded from bank for not being male or Japanese' sue for £3million >>> | Tuesday, November 03, 2009