The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator’s leadership.
Archived version: https://archive.ph/fp1I8
Report: https://www.fdic.gov/sites/default/files/2024-05/cleary-report-to-fdic-src.pdf
I work in somewhat high-level banking, and while I admit that I assumed a government institution would be better about this than private companies, this sounds very par for the industry.
Things are less fucked at lower levels, like operations or retail, but I’ve never heard of someone working in high levels of banking that didn’t have a laundry list of potentially actionable HR complaints.