November 1, 2018 / 3:04 PM / 15 days ago

UBS to introduce training, confidential hotline for sexual misconduct claims -memo

LONDON, Nov 1 (Reuters) - Swiss bank UBS will expand training for specialist staff investigating sexual misconduct claims, and introduce a confidential hotline to handle such allegations, according to an internal memo sent to staff and seen by Reuters on Thursday.

The changes follow an independent review by a law firm into how the bank handled accusations of sexual assualt made by a former junior trader.

The law firm's review found "no fundamental errors" in how the bank had investigated the claims, the memo said.

A spokeswoman for UBS confirmed the contents of the memo and declined to comment further. (Reporting By Sinead Cruise, writing by Lawrence White, Editing by Silvia Aloisi)

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