News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

DrKW hit with $1.4bn sex bias lawsuit

A group of female bankers in New York has filed a $1.4bn (€1.2bn) lawsuit against Dresdner Kleinwort Wasserstein, claiming women are treated as second-class citizens at the bank.

The lawsuit filed by law firm Thompson Wigdor & Gilly said: "Although we live in 2006, the glass ceiling is alive and well at this German investment bank where women are treated as second class citizens with respect to all of the terms and conditions of their employment."

WSJ Logo