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Toxic Culture

Failure in maintaining an effective workplace culture can allow toxic sub-cultures to emerge and even dominate an organization.

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UK FCA Launches Widespread Probe Into Misconduct Cases

by Starling Insights

Observations

Feb 20, 2024

The UK Financial Conduct Authority (FCA) has directed over 1000 banks, insurers, and brokerages to disclose how many cases of sexual harassment, discrimination, and other non-financial misconduct they have recorded since 2021, and how those cases were resolved.

All Tags UKUK FCA
The 2023 Compendium is available now!

Now in its 6th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

Citi Executive Sues for Discrimination

by Starling Insights

Observations

Dec 05, 2023

Ardith Lindsey, a managing director at Citi, has filed a lawsuit against the bank, accusing it of fostering a work culture where she experienced sexual harassment and abuse by male executives. Lindsey, who worked at Citi for 15 years, says that her traumatic experiences intensified after ending a relationship with a former supervisor who sent her threatening messages.