Regulation

City firms call lawyers over moral minefield after Odey: ‘Is watching strippers an appropriate use of lunchtime?’

The Square Mile is calling in legal and compliance help over potentially thorny reputational issues

The crisis at Odey Asset Management is forcing peers to look at how to safeguard their own firms in the event of non-financial misconduct
The crisis at Odey Asset Management is forcing peers to look at how to safeguard their own firms in the event of non-financial misconduct Photo: Carlos Jasso/Getty Images

City firms are increasingly calling in legal experts as they attempt to navigate a minefield of issues around sexual misconduct and bullying.

The City’s record on so-called non-financial misconduct is being thrust into the spotlight after allegations of assault and harassment were levelled at high-profile hedge fund manager Crispin Odey earlier this month.

WSJ Logo