The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Lehman in a stew over saucy chef


Lehman Brothers' trials and tribulations with its wayward chef continue (see Euromoney, November 2002).

The bank says it is outraged after an industrial tribunal decided it had unfairly dismissed Bruce Sangster, an executive chef, from a £57,000-a-year post early last year. Lehman fired Sangster after he sent a pornographic email. The bank is considering an appeal. "We feel that it is totally unreasonable for the tribunal to have found that Sangster was unfairly and wrongfully dismissed," says Lehman.

Sangster's victory was limited - the tribunal reduced a compensation award by 75% and found that he contributed to his own dismissal and that his conduct was culpable and blameworthy.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?