Gilles Graham, a former Citigroup chairman for financial institutions in Europe, the Middle East and Africa, is suing the bank for age discrimination in a London employment tribunal, according to a person familiar with the lawsuit.
Bloomberg News reports the 58-year-old also alleges unfair dismissal, according to court documents that only identified the plaintiff as G. Graham. He was identified as the person bringing the litigation by an individual who declined to be identified because the lawsuit is active.
Bankers and traders are turning to U.K. employment tribunals to seek compensation after leaving firms. Awards are capped at about $100,000 unless claimants can prove they were victims of discrimination or suffered detriment for disclosing corporate misconduct.
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