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Article

31 Mar 2013

Author:
Brian Groom, Financial Times

Ageism more widespread than sexism [UK]

Age discrimination is now seen as a more widespread problem in the City than sex discrimination, a survey of more than 1,600 finance sector workers has found. While more than one-third of City employees said their employer was “very committed” to gender diversity, less than a quarter felt the company was similarly committed to fighting age discrimination. The research also confirmed that problems over discrimination and lack of commitment to diversity were most likely to arise in areas such as trading and sales rather than within the middle or back-office functions. Despite the findings, sex discrimination cases are still occurring. Latifa Bouabdillah, an investment banker, claimed sexual discrimination and unfair dismissal against Commerzbank at a London employment tribunal recently. [also refers to Deutsche Bank, Credit Suisse, F&C Asset Management]