The FDIC is a 'boys club' where some senior execs pursued romantic relationships with their staff, says new report
An FDIC supervisor invited his staff to a strip club, according to a recent report from The Wall Street Journal.
Anadolu Agency
- The Federal Deposit Insurance Corporation, or FDIC, has a "patriarchal" culture, according to an independent report.
- The bank regulator took no action on dozens of harassment complaints and moved wrongdoers around.
- Investigators raised doubts about the FDIC chairman's ability to lead a cultural transformation.
A key US bank regulator...
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