Race Discrimination Suit Filed Against CIBC in the UK

Financial Times, Megan Murphy, 22 March 2009A City banker is suing one of Canada’s biggest financial institutions for making him redundant, allegedly because he is not Canadian, in one of the more unusual cases to emerge from the credit crunch.Achim Beck, a German national, claims that Canadian Imperial Bank of Commerce (CIBC) had a secret policy of favouring “Canada-connected” employees when