• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Financediscrimination

Banker wins $370,000 after judge rules she was denied a promotion for being a woman

By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
March 22, 2023, 9:07 AM ET
Pedestrians pass in front of the Commerzbank headquarters in Frankfurt, Germany, on Monday, Sept. 1, 2008.
A female banker has won a discrimination claim against Commerzbank, her former employer. Hannelore Foerster—Bloomberg/Getty Images

A former manager at Commerzbank has been awarded almost $370,000 in compensation after a judge ruled she had been denied a promotion because she is a woman.

Jagruti Rajput, who was employed as deputy head of markets compliance in Commerzbank’s London office, argued in a longstanding legal battle against the German lender that she had been unlawfully discriminated against at work because of her sex.

A panel of employment judges unanimously ruled that there was a 60% chance Rajput would have been promoted to head of markets had she not been subjected to illegal discrimination.

London’s employment tribunal also found that Rajput’s role had been “diminished” while she was on maternity leave, with a colleague taking over substantial elements of Rajput’s job that were not handed back upon her return.

Long battle

The tribunal ruled in her favor for a second time last year, with details of the damages awarded to Rajput published on Monday. Rajput has been fighting her former employer in court since 2017.

She was awarded a total £300,685 ($369,160) to cover her loss of salary, bonus and pension payments, with the damages including interest on those payments and a £25,000 payment for injury to her feelings.

Court documents showed that Rajput’s salary in her role with Commerzbank was £97,251, with a yearly target bonus of £40,000.

Internal emails showed that the proposed salary for the successful candidate was £160,000, with a target bonus of £40,000.

In the judgement from last year, it was found that Rajput’s application for promotion was never fairly considered, and that one of her male subordinates was treated as the senior member of her team despite her position as its deputy head.

Giving evidence to the tribunal, Rajput’s line manager described her “divisive personality” as a reason for making her male coworker a “point person” in the team.

It was also ruled that Rajput had been “harassed” by her employer because when she raised the issue, there were repeated denials from one senior staff member that her colleague’s position had been elevated.

Giving evidence about the impact those denials had had on her, Rajput said she felt she was being “undermined.”

“It…made me doubt myself and think I was going mad when he knew exactly what he was doing,” she told the tribunal.

“We concluded that the effect of the treatment was sufficient to create a degrading, humiliating or offensive environment for the claimant,” the judges said, ruling that she had been “misled by a manager about an important matter in the face of significant evidence to the contrary.”

A spokesperson for Commerzbank said in an emailed statement that the bank was disappointed in the tribunal’s decision, and that the company was in the early stages of an appeal.

“The Bank strives to offer an inclusive working environment and does not tolerate workplace discrimination of any sort,” the bank said.

Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. Sign up today.
About the Author
By Chloe Taylor
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

trump
Energynational debt
Iran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel in Hormuz
By Nick LichtenbergMarch 24, 2026
6 hours ago
A man in a green ERO vest walks through an airport terminal.
Politicsgovernment shutdown
ICE agents can make twice the salary of TSA employees—and economists warn their pay is more ‘shutdown proof’ than other government jobs
By Sasha RogelbergMarch 24, 2026
6 hours ago
Personal FinanceTaxes
Americans spend $146 billion and 11.6 billion hours doing their taxes, and most of it is just filling out paperwork
By Catherina GioinoMarch 24, 2026
7 hours ago
Personal Financechecking accounts
Best banks for early direct deposit of March 2026
By Glen Luke FlanaganMarch 24, 2026
7 hours ago
Personal FinanceSavings
Best money market accounts of March 2026
By Glen Luke FlanaganMarch 24, 2026
7 hours ago
Personal Financemoney management
How premiums impact the price you pay for gold and silver
By Joseph HostetlerMarch 24, 2026
8 hours ago

Most Popular

Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
1 day ago
Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
18 hours ago
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a 'crushing legacy we must reverse,' says budget chair
By Fortune EditorsMarch 23, 2026
2 days ago
Personal Finance
Current price of gold as of March 23, 2026
By Fortune EditorsMarch 23, 2026
2 days ago
Energy
Nobel laureate Paul Krugman calls it 'treason': $580 million in suspicious oil futures traded minutes before Trump's Iran reversal
By Fortune EditorsMarch 24, 2026
8 hours ago
Personal Finance
Current price of oil as of March 24, 2026
By Fortune EditorsMarch 24, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.