Monday 23 October 2017

Bank executive has disciplinary probe postponed

The JP Morgan headquarters in New York
The JP Morgan headquarters in New York

Tim Healy

A DISCIPLINARY hearing involving a suspended senior manager at a JP Morgan bank subsidiary has been postponed following an application for a High Court injunction, a judge was told yesterday.

Rachel Curtis, senior credit and risk officer/vice-president at Chase Paymentech Europe, said she was facing possible dismissal after being suspended when she queried whether the bank was complying with anti-money laundering regulations. Ms Curtis has held her post since 2009 on a package of €170,000 a year.

She is seeking an injunction against JP Morgan and Chase Paymentech, preventing her employers from taking any steps to dismiss her and the lifting of her suspension. She also wants to stop a disciplinary process against her.

Judge Paul Gilligan was told that a disciplinary meeting set for today could be postponed for a week.

Irish Independent

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