BMO Bankers Sent Each Other Crude Memes Before They Were Fired

Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered during an internal investigation after another employee complained, according to people with knowledge of the matter.

One of the photos that was distributed, known as the “Wood” meme, depicts a man sitting naked on a bed and became a popular internet meme during the pandemic. The investigation, which resulted in six bankers leaving the firm, also uncovered homophobic language used by employees.

A spokesperson for Bank of Montreal described ...