Business
Reuters
Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to men and tolerated an "unapologetically sexist" workplace. The complaint filed on Friday in federal court in Chicago by Michal Leavitt is the latest in a long line of lawsuits accusing big U.S. banks of bias against women. Leavitt said Wells Fargo's practice of steering larger accounts toward men in its financial institutions group cost her up to one-third of her potential pay, and forced her to wait nine years for a promotion to director from vice president.