Six bankers depart Bank of Montreal after misconduct probe into bullying
BNN Bloomberg
Six people have left Bank of Montreal after an investigation into “completely unacceptable” behaviour in its investment banking group.
The Toronto-based bank launched a probe after a young male banker raised concerns about harassment and bullying, Canada’s Globe and Mail said. The newspaper reported that the person, who worked in the bank’s mining and metals group, was subjected to homophobic slurs in person and online.
“An employee escalated a complaint that alleged completely unacceptable behaviour. We take matters of misconduct very seriously. An investigation was launched immediately. Six individuals are no longer with the bank,” spokesperson Kelly Hechler said in an email.
Four of the six were fired and two resigned, the Globe said, citing a person familiar with the matter it didn’t identify. The report added that five of the six employees were junior bankers in the mining group and the other was a director who supervised them.
