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Citi Wins Age Discrimination Appeal With Ex-Banker Called ‘Old’ at Age of 55

  • Ex-banker won £2.7 million in employment tribunal suit
  • UK court will reconsider Citi’s evidence in ageist lawsuit
Updated on

Citigroup Inc. has won part of its appeal in a discrimination suit brought by a former banker who was laid off after being called “old” at the age of 55.

Niels Kirk, a managing director for Citi’s energy banking desk, previously won his unfair dismissal suit against the bank in 2020 and was awarded nearly £2.7 million ($3.2 million). But a UK appeal court ordered the case to be reheard, saying that the employment tribunal needed to reconsider whether the redundancy was prompted by ageism given a relatively small age gap between Kirk and a 51-year-old colleague.