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Friday 18 October 2024 8:59 am  |  Updated:  Friday 18 October 2024 9:08 am

London Stock Exchange Group sacks US staff member over ‘racist’ video

By: Charlie Conchie

City Editor

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The London Stock Exchange Group has sacked one of its staff after a “concerning video” was shared online.

In a Linkedin post, the FTSE 100 firm said today it had been made aware of a video involving one of its US staff members and it had now fired the person.

“You may be aware of a concerning video shared on social media which featured one of our employees in the US,” the group said.

“The individual involved was initially suspended while we investigated the matter. The investigation has now concluded, and the individual’s employment has been terminated.

Screenshot of the post from the London Stock Exchange Group on LinkedIn
Screenshot of the post from the London Stock Exchange Group on LinkedIn

”We expect the conduct of our employees to meet a high standard. LSEG operates a zero-tolerance policy against any form of racism, discrimination, prejudice or harassment.”

The firm did not comment on the nature of the video.

Users on the site claimed it showed a “racist” altercation in Florida, in which a group of residents appeared to racially profile a teenager on a walk.

Read more

Watchdog probes KPMG over Wood Group audit

KPMG office building exterior with company logo under clear blue sky, representing global professional services firm

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