Harassment Woes Plague Standard Chartered, Even in Compliance

  • Top executives have been probed for inappropriate conduct
  • CEO Winters promises to ‘protect and support victims’ in memo

Photographer: Billy H.C. Kwok/Bloomberg

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Top executives in charge of policing the behavior of Standard Chartered Plc’s 86,000 employees have themselves been disciplined or investigated for allegations of harassment or inappropriate conduct, according to people with knowledge of the matter.

In the past year, the head of anti-bribery and corruption left after the London-based bank probed allegations he had altered the performance review of a subordinate he was having an affair with, the people said. The bank’s global compliance chief stepped down after an investigation concluded that his language and behavior toward colleagues was inappropriate, according to an internal memo late Thursday.