£20m lawsuit | The HR lessons from Goldman Sachs' 'whistleblowing' row with ex-banker

Goldman Sachs has settled a legal case with an ex-banker who was suing the firm over claims he was unfairly dismissed for whistleblowing.

Thomas Doyle, the bank's former EMEA head of synthetic swap sales, worked at Goldman from late 2018 to 2021. As reported by Reuters, he had launched a £20million employment tribunal claim against his former employer, alleging he had been unfairly dismissed without proper procedure after making multiple whistleblowing reports.

Doyle also claimed there had been a "woeful" lack of proper procedure after whistleblowing on 10 occasions, and that he was forced to deal with "vile and bullying language". He added that the firm had told him he was "causing disruption and conflict" before his dismissal.

The bank counter-claimed that Doyle had made no real protected disclosures, and was trying to circumvent a statutory cap of roughly £90,000 for unfair dismissal, by also bringing an uncapped whistleblowing claim.