A former HSBC executive suing the bank for $22.4m said 'extremely disappointing' bonus payments were linked to his race and religion, even if no one ever said 'you are a Turkish Muslim and I don’t like you'.
He received a $428,500 salary in 2012 and a $278,473 bonus, Biber said in a statement submitted to a London employment tribunal Tuesday.
My case 'is based on compensation that we’ve ultimately seen and inferences we’ve drawn from it', the 44-year-old Biber said while giving evidence to the tribunal Tuesday. 'It’s not based on any instance of someone approaching me and saying, you are a Turkish Muslim and I don’t like you'.
'I was certain that my peers had been paid a lot more than me', Biber said in the witness statement. 'I was singled out to be treated differently from other investment banking global sector heads'.
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