FDIC Faces Internal Reckoning Over Toxic-Culture Allegations | EUROtoday

Get real time updates directly on you device, subscribe now.

The Federal Deposit Insurance Corp. is dealing with an inner reckoning over allegations of widespread harassment and discrimination, with many staff left skeptical concerning the company’s dedication to overtake its tradition.

In the weeks since a Wall Street Journal investigation revealed {that a} poisonous tradition on the FDIC had prompted many feminine financial institution examiners to give up over time, there have been inner debates over who ought to oversee an exterior investigation and blowback from staff on a number of division-wide calls.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

https://www.wsj.com/articles/fdic-faces-internal-reckoning-over-toxic-culture-allegations-ca28e2bf?mod=rss_markets_main