Lloyd's reels under sexual misconduct report

Insurance giant Lloyd's of London's is still reeling from a Bloomberg report of sexual harassment in the market place.

Lloyd's has said has started a survey into the culture of the organisation to be undertaken by the Banking Standards Board that will be open to nearly 50,000 people in the insurance market, rather than only Lloyd's direct staff.

The results of this survey will now be discussed early next week (24 September) and Lloyd's has stated that in future it will create an independent hotline for whistleblowers, and consider lifetime bans for any person transgressing the expected codes of conduct.

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