The lawsuit also alleges that over the years the "American Bankers Association has received reports involving sexual harassment and discrimination" by men at the top levels of the organization, yet allowed those men to remain in power.
Nonetheless, the Finra panel ruled Chilton must pay back Credit Suisse an outstanding loan balance of $18,706, netting him an award of $844,621, InvestmentNews writes.
Reported items include proposed legislation, rule changes, disciplinary actions, litigation, and other news.
The New Jersey resident said he was given negative performance reviews, denied raises and bonuses, deemed too “verbose,” and subjected by a supervisor to the nickname “Johnny” because of his race.
Over the past ten years, regulators across the US, Europe, APAC and the Middle East have levied nearly $26 billion dollars in financial penalties against financial institutions for AML/KYC and sanctions-related violations.