City Hive CEO Bev Shah has called for the asset management industry to actively show it is not affiliated with the culture of the Presidents Club, which has been widely condemned after an undercover investigation by the Financial Times revealed the unacceptable behaviour at the club's fundraising dinner.
The annual men-only fundraiser was held on 18 January and attended by 360 figures from British business, politics and finance with 130 hostesses hired as part of the entertainment. A report by the FT revealed many of the hostesses at the dinner were harassed and propositioned by guests, prompting Prime Minister Theresa May to denounce the proceedings, joint chair of the trust David Meller to resign as UK education minister and the Bank of England to revoke a charity prize tea with governor Mark Carney. City Hive launches Harassment in the City survey The charities the Presidents Cl...
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