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UBS to introduce training, confidential hotline for sexual misconduct claims -memo

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UBS to introduce training, confidential hotline for sexual misconduct claims -memo

UBS to introduce training, confidential hotline for sexual misconduct claims -memo
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Arnd Wiegmann(Reuters)
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LONDON (Reuters) - Swiss bank UBS <UBSG.S> will expand training for specialist staff investigating sexual misconduct claims, and introduce a confidential hotline to handle such allegations, according to an internal memo sent to staff and seen by Reuters on Thursday.

The changes follow an independent review by a law firm into how the bank handled accusations of sexual assualt made by a former junior trader.

The law firm's review found "no fundamental errors" in how the bank had investigated the claims, the memo said.

A spokeswoman for UBS confirmed the contents of the memo and declined to comment further.

(Reporting By Sinead Cruise, writing by Lawrence White, Editing by Silvia Aloisi)

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