The law firm also found no evidence that Claver-Carone knowingly broke the bank’s travel policies to cover up a romantic relationship, or retaliated against any bank employees, as was alleged in an anonymous complaint sent in March to the bank’s board.
Still, Davis Polk harshly criticized Claver-Carone and his chief of staff for failing to cooperate fully with their investigation — considering it a violation of bank policies and principles.For example, the report said Claver-Carone failed to hand over his bank-issued mobile phone for analysis although he did provide a forensic report conducted by a consultant.Claver-Carone also didn’t share messages from his personal phone or Gmail account with his chief of staff, the report said.
“Particularly in light of their failure to cooperate, it would be reasonable to conclude that the evidence of a prior relationship, and the additional circumstantial evidence of a current relationship while they were both at the Bank, constitute a violation of the applicable Bank policies,” the report said.In a letter to the bank’s general counsel, seen by AP, divorce lawyers for the chief of staff said her former husband had a history of cruelty and revenge that was raised in divorce proceedings.