He slipped it into an executive slide deck - the bank still came out on top
A federal appeals court threw out a Black former manager's race discrimination and retaliation claims against Bank of New York Mellon.
On July 6, 2026, the US Court of Appeals for the Third Circuit affirmed a lower court's ruling that ended the lawsuit before it reached a jury, rejecting every claim.
The employee, a Black man, worked at the bank from April 2019 to September 2021. He started as a portfolio manager in the bank's asset servicing technology division, reporting to a London-based chief operating officer. At first, things went well. That manager gave him strong reviews and generous bonuses, and by the employee's own account never said anything negative about Black people.
The relationship grew more complicated around a workplace diversity effort. In August 2020, after the Black Lives Matter protests, the manager was asked to run "courageous conversations" aimed at "supporting diversity." Preparing for one, he told the employee that he "does not believe in Black Lives Matter [or] in the concept of white privilege," describing himself as a "capitalist, and a banker." The employee said he took the comments as opposition to the BLM movement, not a belief that Black lives don't matter.
In January 2021, the manager suggested the employee gain experience in a different director-level role at the same pay and grade. The employee found a project manager job he said "perfectly matched" his...
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