Ex-Deutsche Bank Worker Claims Sex Bias Over Lower Bonus
Stock Chart for Deutsche Bank AG (DBK)
A former Deutsche Bank AG (DBK) director sued the German lender for sexual discrimination in London claiming male colleagues were promoted ahead of her and received bonuses as much as three times higher for the same work.
Latifa Bouabdillah, who was a vice president and director in the bank’s equity-structuring group, did “the same work as people who were being promoted around her” between 2008 and 2010, her lawyer Michael Duggan said yesterday at an initial hearing ahead of a trial to be held later this year. Those colleagues “were paid bonuses double or triple that of the claimant.”
Bouabdillah is claiming damages of more than 1 million pounds ($1.5 million), said another lawyer representing her, Hina Belitz of Partners Employment Lawyers.
“Compensation did not seem to be in any way linked to the revenues generated nor the quality of these revenues, but to relationships,” Belitz said in an e-mailed statement.
Bruce Carr, a lawyer representing Deutsche Bank, said some of the bankers Bouabdillah was comparing herself with had different job titles and more responsibility.
The Frankfurt-based bank’s effort to stop Bouabdillah, who now works at Commerzbank AG, from using those employees’ compensation figures in the suit was rejected. Judge Andrew Glennie ruled yesterday that Bouabdillah could use some Deutsche Bank employees for comparison, while those who received contractually guaranteed bonuses would be excluded.
He also rejected an application by the bank to make her pay a deposit for information about compensation at her unit.
“We believe the claim is without merit,” Libby Young, a Deutsche Bank spokeswoman, said in a phone interview.
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