Nation : Bank to Pay $14 Million for Bias
A Chicago bank that was the government’s biggest target of racial and sexual discrimination charges has agreed to pay $14 million in back pay, the largest such settlement ever obtained by the federal government, the Labor Department said today.
The settlement also requires the Harris Trust and Savings Bank to revise its affirmative action policies, provide training and other assistance to women and minority workers and file periodic reports with the government documenting its compliance with anti-discrimination laws. It was not immediately clear how many current or former bank employees would share the award.
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