Saturday 10 December 2016

Goldman Sachs banker settles discrimination case

By Hayden Smith

Published 21/04/2015 | 15:14

Goldman Sachs banker Sonia Pereiro-Mendez arrives at the Central London Employment Tribunal in London, after she claimed she was cheated out of millions of pounds in bonuses and subjected to sexist comments because she is a woman. Photo: John Stillwell/PA Wire
Goldman Sachs banker Sonia Pereiro-Mendez arrives at the Central London Employment Tribunal in London, after she claimed she was cheated out of millions of pounds in bonuses and subjected to sexist comments because she is a woman. Photo: John Stillwell/PA Wire

An executive at Goldman Sachs who claimed she was denied millions of pounds in bonuses because she is a woman has reached a settlement with the investment bank.

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Sonia Pereiro-Mendez had alleged she was discriminated against after telling her bosses she was pregnant.

The mother of two, an executive director in distressed investing, had sued Goldman Sachs for sex and maternity discrimination.

The firm has always denied the allegations.

The full employment tribunal was due to begin today but after talks between the two sides her lawyer Richard Leiper said: "The parties have resolved the issues between them and they ask that the claim be dismissed upon withdrawal."

Formally dismissing the case, employment judge Andrew Glennie said the claimant and the bank informed the tribunal that they had "reached terms of settlement".

Ms Pereiro-Mendez was not present at the hearing today.

No details of the settlement have been released.

A Goldman Sachs spokeswoman said: "We are pleased this matter is resolved."

It is understood that Ms Pereiro-Mendez has left the company.

2010 hoto of banking house Goldman Sachs in Fleet Street, London. Photo: Fiona Hanson/PA Wire
2010 hoto of banking house Goldman Sachs in Fleet Street, London. Photo: Fiona Hanson/PA Wire
Goldman Sachs banker Sonia Pereiro-Mendez arrives with an unknown man at the Central London Employment Tribunal in London, after she claimed she was cheated out of millions of pounds in bonuses and subjected to sexist comments because she is a woman. Photo: John Stillwell/PA Wire

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