Since the infamous credit crunch in 2007, the employment statistics in banking industry remain unsettled. Many disputes between employers and employees generated by the credit crunch have reached the courts / tribunals. These decided cases reveal a number of unqiue features that characterise the employment issues in banking like high salary with bonus, old boy culture, poaching of employees from rivals. We group these cases below and the court's approach on various issues in this industry can be detected.
30 March 2011 Société Générale (London Branch) v Raphael Geys Termination of employment contract, Payments in lieu of notice
March 2011 Attrill & others v Dresdner Kleinwort Ltd and Commerzbank AG Contractual claims for unpaid bonuses
16 December 2010 Royal Bank of Scotland v Ashton on Disability Discrimination