#MeToo movement News

Guy Carpenter Fires Executive Who Sent Harassing Email About Colleague

A top Lloyd’s of London insurance brokerage, Guy Carpenter & Co., fired a senior vice president for sending a sexually explicit email about a female colleague, one of the first dismissals to come to light since the industry began cracking …

Global #MeToo Movement Provides Lots of Work for London’s Top Lawyers

The global #MeToo movement, in which women across much of the corporate world have spoken out about sexual harassment at work, is having an unintended consequence: more work for top city lawyers. Clifford Chance, one of London’s leading “magic circle” …

Lloyd’s Must Demonstrate Progress in Tackling Sexual Harassment: Bank of England

The Bank of England called for Lloyd’s of London to demonstrate progress in tackling the insurance market’s culture of sexual harassment. The BOE’s director of insurance supervision Anna Sweeney said she would work together with the Financial Conduct Authority to …

City of London Tackles Its Daytime Drink Problem – One Institution at a Time: Opinion

For most of the traders, bankers, lawyers and accountants who populate the City of London, the era of excessive daytime boozing is long gone. Pubs and pints have been replaced by coffee shops and lattes. Dealmaking hasn’t suffered for it. …

Reinsurance Broker Guy Carpenter Suspends Two Over Harassing Email

A Lloyd’s of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding the message outside the firm. “We take all incidents of …

2 Execs at Lloyd’s Insurer TMK Forced to Resign After Sexual Harassment Allegations

Two executives at a top Lloyd’s of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of stalking a junior employee. The first executive was said to …

Weinstein, Accusers Reach Tentative $44 Million Deal, Reports WSJ

Harvey Weinstein, women who accused him of sexual misconduct, his former film studio’s board members and the New York attorney general’s office have reached a tentative $44 million deal to resolve lawsuits and compensate alleged victims of the Hollywood producer, …

25 New Sexual Harassment Complaints Brought Against McDonald’s

McDonald’s Corp. was accused on Tuesday in 25 new lawsuits and regulatory charges of condoning sexual harassment in the workplace and retaliating against employees who speak up. The cases announced by the American Civil Liberties Union (ACLU), the labor group …

Lloyd’s Commissions Culture Survey to Help Raise Standards of Behavior

Lloyd’s of London has commissioned an independent culture survey following a Bloomberg Businessweek article that uncovered evidence of sexual misconduct in the world’s oldest insurance market. The survey is being carried out by the Banking Standards Board, a not-for-profit organization …

Weinstein’s Companies, Directors, Officers Off the Hook for Sexual Misconduct Claims

Harvey Weinstein’s former companies and their officers and directors were dismissed from a federal lawsuit filed by 10 women, who claim the firms and executives aided the alleged sexual misconduct that led to the movie mogul’s ouster. The women — …