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Last Updated: Tuesday, 26 April, 2005, 17:37 GMT 18:37 UK
HSBC banker sues after dismissal
HSBC bank
HSBC is the latest bank to face sex discrimination claims
A former high flying employee of HSBC has filed a claim against the global banking giant that he was unfairly dismissed for being gay.

Peter Lewis was global head of equity trading at the bank where he would have earned an average pay and bonus package of over �1m ($1.9m) a year.

HSBC said he was dismissed for "gross personal misconduct" back in February.

But Mr Lewis claims he was unfairly dismissed and has filed his claim with a UK employment tribunal.

"My client's claim will be vigorously pursued and he is confident of success," said Mr Lewis's lawyer, Alison Downie of Bindman & Partners.

New rules

However, neither Mr Lewis nor HSBC would reveal how much compensation was being sought in the claim.

Since new legislation was introduced in 2003, gay employees have been able to claim for discrimination on grounds of sexual preference.

Deutsche Bank is also currently defending itself against allegations of discrimination against a gay employee.

Back in December, Stephanie Villalba, formerly a top executive at Merrill Lynch, lost her sex discrimination case against the investment bank.

She is currently appealing the employment tribunal's ruling.



SEE ALSO:
HSBC banking on global expansion
28 Feb 05 |  Business
Ex-Merrill banker to appeal case
02 Feb 05 |  Business
HSBC offers Islamic pension fund
13 Apr 04 |  Business


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