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Fired HSBC Investment Banker Sues Over Alleged Anti-Jewish Bias

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A former HSBC Holdings Plc investment banking associate sued the bank, claiming he faced discrimination over his Jewish faith and his desire to take parental leave, then was fired after he complained about his treatment.

Michael Krantz said the bank violated federal and state civil rights laws by reducing his hours and giving him less attractive assignments after he asked not to work over Jewish holidays. In his complaint filed Tuesday in Manhattan federal court, Krantz claims he was fired in March after he asked to take a full 12 weeks of parental leave in anticipation of his child’s birth.According to the suit, Krantz joined HSBC as an analyst in August 2021 and was promoted to associate in March 2022.

“As a result, plaintiff was required to get his own food at a restaurant that was a 15-minute walk away from the dinner location,” Krantz said in his suit.

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