Chinese Ex-VP Banker Sues Israel Discount Bank of NY for Bias

A Chinese American formerly employed as a senior vice president for Israel Discount Bank of New York alleges that IDB discriminated against him based on his race and religion in violation of federal, New York state, and New York City civil rights laws.

Paul Chau, a former senior vice president and group head of middle market banking within the bank’s commercial banking unit, says he was denied resources given to other group heads at IDB. He also says he was held to higher standards than his Caucasian and Jewish colleagues, and passed over for promotion to a chief lending officer ...