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-Deutsche Bank VP sues bank for gender bias.

Global Banking News-September 13, 2011--Deutsche Bank VP sues bank for gender bias(C)2011 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 13 September 2011

A Deutsche Bank AG (NYSE: DB) (DBK.DE) vice president has filed a gender bias lawsuit accusing the German bank of denying her pay and promotions, and trying to demote her following her maternity leave, Reuters has reported.

Kelley Voelker, a New York-based employee, has sued the bank claiming that she has never been promoted in her 13 years at Deutsche Bank despite being qualified to become a director. In her complaint filed in US District Court in Manhattan, Ms. Voelker said that she was also urged by her boss to take a 'reduced role' after her return from maternity leave in May 2010, which she rejected.

'Plaintiff was retaliated against and ultimately 'mommy-tracked' for her decision to take maternity leave,' the lawsuit said, seeking compensatory and punitive damages, among other remedies. Ms. Voelker has also filed a discrimination case with the Equal Employment Opportunity Commission.

'We take these allegations very seriously and are currently reviewing the complaint,' a Deutsche Bank spokeswoman said.

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Publication:Global Banking News (GBN)
Date:Sep 13, 2011
Words:210
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