Former dealer Etienne Alexiou, who turned into stood down by
way of ANZ ultimate yr over alleged “relatively offensive and beside the point”
language in emails and chats on his Bloomberg terminal, has launched a $30
million lawsuit towards his former company.
The dealer become one in every of seven who became stood
down as a part of an inner fee-fixing investigation in November 2014, however
the employer mentioned his offensive language in greater than four hundred
inner and outside communications as motive for his dismissal.
In his suit, Mr Alexiou claims he become “uncovered to a
tradition” on the bank that “openly condoned” such behaviour, and that he time
and again raised worries with control approximately unethical behavior closer
to customers.
The financial institution alleged seven times of lewd and
sexually explicit chat messages approximately “gang bangs” and having women eat
sushi off him, in keeping with the record. In his fit, Mr Alexiou claims one
senior dealer stated “what a waste, it have to have been sprinkled on a
birthday cake”, after a “white substance” become discovered within the male
rest room.
He info some of such claims as evidence of a toxic way of
life within ANZ’s international markets division. Former ANZ bond salesman
Patrick O’Connor has additionally his out at ANZ’s “toxic culture” in a
separate criminal in shape, after he was fired for alleged misuse of the
company credit score card and specific feedback on his Bloomberg terminal.
ANZ refuted the claims, telling Fairfax
that “some of the allegations made in each claims are not accurate and those
inaccuracies will become apparent as the topics proceed through the courtroom
device”.
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