Ex-HSBC trader sues bank for unfair dismissal

Gavel

Former HSBC senior credit trader Claus Jorgensen has sued the bank for unfair dismissal after being fired last year.

Bloomberg News reports that a preliminary hearing in Jorgensen’s case will be held at a London employment tribunal on March 18, according to court records. Part of the lawsuit also relates to whistle-blowing allegations, the records say.

Jorgensen shared responsibility for trading investment-grade and high-yield bonds with John Gousias in the corporate-debt brokering business before being placed on leave in May, three people familiar with the matter, who said they didn’t know the reason for the suspension, said at the time.

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Ex-HSBC Credit Trader Jorgensen Sues Bank for Unfair Dismissal

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