WestLB AG is a commercial bank domiciled in North Rhine-Westphalia, Germany's most densely populated federal state and it is one of Germany´s leading providers of financial services.

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WestLB Settles Sexual And Racial Harassment Claim

48 year-old Angie Roberts claimed that a WestLB managing director made unwelcome advances towards her, which she rejected. According to the Daily Mail, a senior bank official is alleged to have showered Mrs Roberts, a former WestLB settlements officer, with compliments and 'pestered' her to ride with him in his car. During a car journey, the bank boss was said to have become 'amorous' and 'fondled her thigh whenever the car slowed'. Mrs Roberts says she eventually got out of the car after being asked to be dropped home. She then claims that the next Monday she was called into her boss's office and offered £10,000 to leave the bank.

More Hiring & Firing News

Bloomberg reports that Minneapolis-based investment bank Piper Jaffray is to cut around 40 of the 70 staff it currently employs in London, as its business model 'was impacted by the lack of capital raisings by...small and mid-cap clients'.

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