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HSBC Manager Who Called Out Racism Quits, Citing Lack of Support

HSBC Holdings Plc Headquarters And Branches As Banks Seeks To Stop Slump In Revenue
Photographer: Luke MacGregor/Bloomberg

A junior manager at HSBC Holdings Plc who wrote a 48-page report about racism in the workplace has quit, according to a person familiar with the matter.

Ian Clarke, who had been at the London-based bank for 15 years, cited a lack of support from his colleagues after he raised issues about discrimination at the company, the person said, asking not to be identified discussing private matters. Clarke was a salesman in the U.S. global liquidity and cash management division in New York.