“…No one thinks the City is a picnic. But this was brutal…”

“…Punishing hours, victimisation, physical intimidation, arbitrary dismissal.

Such is the portrait of working conditions under Bob Diamond described by a former employee in today’s Independent.

Perhaps those Barclays Capital bankers deserved their bonuses after all – just for putting up with him.

Now I doubt many people thought trading floors were a sanctuary of civility, gentility and compassion.

Based on my experience at Bank of America in the 1990s -

- I would say they are Darwinian environments where large egos prosper and sensitive souls suffer.

But I never witnessed the kind of fist-bashing detailed by the whistleblower.

Nor the paranoid centralisation of power.

Nor the shameless favouritism…”

(cont..)

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Dan Gledhill: No one thinks the City is a picnic. But this was brutal – Commentators – Opinion – The Independent.

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