Former banker ‘trying to squeeze maximum money’ out of Natixis

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The French bank tells judges the self-proclaimed whistle-blower is trying to scare management into paying him $10m

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French corporate and investment bank Natixis has asked French judges to toss out a $10m lawsuit from an ex-employee after saying he twisted his whistle-blower status to try to squeeze extra cash out of the bank.

Romain argued he was forced out of his job after he faced a backlash from managers when he reported a suspicious stock sale by the then chief risk officer. He said he is owed the money because the French bank ruined his finance career. Sorel denied any internal retaliation from Natixis and said Romain’s “wave” of legal procedures was a reaction to the bank’s refusal to shake hands on a payout when he asked to leave amicably in 2018.

“Given that I’d gone after the big bosses and that the world of finance isn’t big, I knew I could no longer find work in that sector in France,” Romain told judges at the Paris employment tribunal last week.

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