Banking

Employment Law London provides services to both employees and employers. Employees and employers are protected by and subject to employment legislation.

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.

April 2013 – Bouabdillah v Commerzbank AG [2013] Victimisation

19 December 2012 – Geys v Societe Generale London Branch Termination of employment contract, Payments in lieu of notice

13 December 2012 – Imam-Sadeque v Bluebay Asset Management (Services) Ltd    Duty of fidelity, breach of confidentiality, bonus payment, work for competitor

23 March 2012 – Bank of Ireland (UK) v Syed Asalat Shabbir Jaffery  Breach of fiduciary duty

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

22 February 2011 Tullett Prebon Plc & Others V BGC Brokers & Others   Constructive dismissal and repudiatory breach

16 December 2010 Royal Bank of Scotland v Ashton   Disability discrimination



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