The viral video of JP Morgan employee Ramesh Erramalli verbally abusing a condo security guard is helping to give bankers a “bad name” in Singapore.
Erramalli’s outburst – he shouted and swore at the guard during a dispute over a $10 parking charge – has triggered an online petition (with more than 35,000 signatures so far) calling on JP Morgan to fire him. Erramalli has since apologised in person to the guard.
Although some of the outrage has focused on the fact that Erramalli is foreign (he is originally from India), the case has also reinforced perceptions that wealthy bank employees are arrogant, elitist and out of touch with ordinary Singaporeans, say banking professionals we spoke with in Singapore. “The video and the intense reaction to it are giving us a bad name,” bemoans one banker.
Online reaction to the incident has shined a spotlight on class divides in Singapore, especially as white-collar Erramalli’s tirade featured a boast about his condo being worth S$1.5m – a price that is out of reach of most working-class Singaporeans such as the security guard. The Erramalli case has put banking professionals front and centre of this divide.
More at https://tinyurI.com/yy69g849
Erramalli’s outburst – he shouted and swore at the guard during a dispute over a $10 parking charge – has triggered an online petition (with more than 35,000 signatures so far) calling on JP Morgan to fire him. Erramalli has since apologised in person to the guard.
Although some of the outrage has focused on the fact that Erramalli is foreign (he is originally from India), the case has also reinforced perceptions that wealthy bank employees are arrogant, elitist and out of touch with ordinary Singaporeans, say banking professionals we spoke with in Singapore. “The video and the intense reaction to it are giving us a bad name,” bemoans one banker.
Online reaction to the incident has shined a spotlight on class divides in Singapore, especially as white-collar Erramalli’s tirade featured a boast about his condo being worth S$1.5m – a price that is out of reach of most working-class Singaporeans such as the security guard. The Erramalli case has put banking professionals front and centre of this divide.
More at https://tinyurI.com/yy69g849
