Sacked: Goldman’s exec 'who threatened pregnant boss outside bank’s London HQ'

Scandal: Goldman Sachs’ offices in Fleet Street
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Goldman Sachs has sacked a senior male executive after two female colleagues allegedly complained about “aggressive and intimidating” behaviour, including threats to his pregnant boss.

The Wall Street giant ripped up the vice-president’s contract following the incident, said to be one of a series of instances of “confrontational” outbursts, letters sent by the bank show. He will officially leave on May 1.

The man, who is in his mid-thirties and works in the bank’s operations team, was accused of being “out of control” during a meeting with the two women to discuss his performance at the bank’s office in Fleet Street in February.

It is alleged by the bank that immediately after the meeting, the executive gestured in a threatening manner to one of the colleagues outside the investment bank’s London headquarters, leaving her “greatly distressed” and “frightened”. She was pregnant at the time.

The two women found the meeting “traumatic”, according to a letter sent by the bank and seen by City newspaper and website Financial News.

A Goldman boss wrote in the termination letter sent to the executive that “such conduct falls substantially below expected standards of conduct at the firm”.

The vice-president, who was suspended by Goldman on February 9 and has been at the bank for five years, has denied the allegations. He has himself reportedly claimed to have been bullied by senior management. Goldman declined to comment.

The bank has been separately investigating allegations by a former female employee of a historic serious sexual assault.

The alleged victim wrote directly to chief executive Lloyd Blankfein in an email that carried the subject line “attempted rape 1994”, according to Financial News.

The former Goldman employee alleges that she was sexually assaulted by a group of drunk male colleagues from the US banking giant’s currency trading division at a dinner for brokers in London in 1994.

A spokesman for Goldman said last month: “Given the seriousness of the allegations and the amount of time since the events took place, we undertook a thorough investigation of our records, which confirmed that neither she nor her lawyer made any allegation of physical sexual assault at the time.”

Goldman is among companies to have signed up to the UK’s Women in Finance Charter, a government initiative that requires its signatories to set out how they plan to increase the number of senior women in their ranks.

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