The former head of BNP’s equity derivatives sales in Switzerland, Belgium, and Luxembourg, Omar Alami, was fired in 2019 from his Paris-based job.
A former BNP Paribas SA trader who was fired after employees accused him of “emotional terrorism” that created “a feeling of waterboarding,” is suing his previous employer for $4 million for being unfairly dismissed, according to a report.
The bank investigated the public shaming incident and found Alami had a history of terrorizing his subordinates. The attorney emphasized the firm wants to encourage employees to speak up about inappropriate behavior. “It’s quite rare for people on trading floors to speak up,” the lawyer added. And noted BNP wants to take “all measures to protect its employees,”
Since his ouster, he’s found a new job but struggled to adapt, “I earn 60% less and spend 60% less time with my family,” he said.Getty Images
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