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Therapy in the office: banks take mental health fight in-house


Added 06-12-19 02:03:01am EST - “In 'Billions', a U.S. television show set in the world of hedge funds,...” - Reuters.com

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Posted By TheNewsCommenter: From Reuters.com: “Therapy in the office: banks take mental health fight in-house”. Below is an excerpt from the article.

LONDON (Reuters) - In ‘Billions’, a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist.

On Wall Street and in the City of London, hyperambition and an ‘always on’ attitude are richly rewarded and people are often wary of revealing something that could be perceived as a weakness.

Two out of three people working in financial services have experienced mental health issues as a result of work or where work was a related factor, according to a 2018 survey, broadly in line with the wider workforce. The Mental Health at Work poll questioned over 4,600 British employees from a range of industries.

“Stigma definitely still exists,” said Beth Robotham, an executive director at Goldman Sachs in London.

“Legislation is supposed to protect people from that kind of discrimination and employers are trying much, much harder but it would be naïve of me to say that that wasn’t an issue any more.”

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