Ex-BNP Paribas head of spot currency trading sues bank

22 Jun, 2016

LONDON: A former head of spot currency trading at BNP Paribas is claiming the French bank dismissed him for whistle blowing, according to a court filing released on Wednesday. Bob de Groot is scheduled to appear at the Central London Employment Tribunal on July 5.

BNP Paribas declined to comment. Groot was suspended by BNP Paribas in 2014 as part of a global investigation into possible currency market manipulation. He did not immediately respond to a Reuters' request for comment via LinkedIn.

A growing number of former bank staff are going to employment tribunals in London with unfair dismissal lawsuits in the wake of a crackdown on the banking industry after the financial crisis.

Copyright Reuters, 2016

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