Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Raymond James fires employee who confronted Black Lives Matter demonstrator

Published 06/15/2020, 05:49 PM
Updated 06/15/2020, 05:50 PM
© Reuters.
RJF
-

(Reuters) - Investment bank Raymond James Financial Inc (N:RJF) on Monday said it fired an employee after a video https://twitter.com/jaimetoons/status/1271300265170186240 posted on Twitter showed him and his wife question a man who painted "Black Lives Matter" outside what he says is his home in San Francisco.

"After an investigation into the circumstances of a video alleging racism by one of our associates, we have concluded that the actions of he and his partner were inconsistent with our values, and the associate is no longer employed with Raymond James," a spokesperson for the company said.

The company did not reveal the identity of the employee.

The corporate response to protests over the treatment of African Americans has included pledges to enact or propose changes in policies or practices long sought by critics, increased diversity and donations to civil rights groups.

Last month, global investment firm Franklin Templeton fired a white woman after a viral video showed her calling the police to say she felt threatened by an African-American man who asked her politely to leash her dog in New York's Central Park.

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.