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BNP Banker Fired for Terrorizing Traders Wins $1.8 Million

  • Paris tribunal says Alami was unfairly dismissed by the lender
  • Ex-BNP derivatives sales chief says ruling “clears his name”
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A senior BNP Paribas SA banker fired after being accused of terrorizing subordinates on the trading floor was awarded nearly 1.7 million euros ($1.8 million) in compensation and lost bonuses.

Omar Alami, formerly head of BNP’s equity derivatives sales for Switzerland, Belgium and Luxembourg, was unfairly dismissed, the Paris employment tribunal ruled Tuesday without giving further details.