Angry Frenchman Olivier Desbarres

angry expat who made headlines in Singapore after he has angrily trepassed into 2 noisy construction sites near his home and threw a lot of f***** words and building materials at Wimborne Road, in the Katong area on Saturday, Oct 20, close to 9am. His outburst in one of the construction sites is caught on video and the video made its way to YouTube. The video and the news found its way into international media. The news has now made it to International Business Times, The Times of UK, the Wall Street Journal and the Huffington Post. A video that captured his rant, uploaded on citizen-journalism website Stomp, went viral.

The bank said his last day was Oct 29, but declined to say more. according to a person familiar with Barclays’ policies concerning construction site meltdowns, the firm “Considers such behavior and language unacceptable. It does not meet the high standard of conduct that we expect of our employees.”  Oct 29 – nine days after he barged into the construction sites near his house, and four days after the video clip of his altercation was uploaded on citizen journalism website Stomp.

The angry Caucasian man is Olivier Desbarres, former head of FX strategy for Asia Pacific excluding Japan at Barclays. Former because he was fired from Barclays after the outburst according to The Wall Street Journal:

The firing of Olivier Desbarres, former head of FX strategy for Asia Pacific excluding Japan at Barclays, was first reported by the Times’ City Diary blog. A former colleague confirmed the banker was shown the door after Barclays executives viewed the clip.

Darrell Wright, a spokesman for Barclays, declined to comment on the matter. Attempts to reach Desbarres via mobile phone and Facebook were unsuccessful.

Unison, the contractor of one of the sites, has agreed with Olivier Desbarres to start work at 9 am, 1 hour later than what is allowed. But on October 20th, the workers have started the work at 08:45 AM. So he lost his cool.

Never ending and almost round the clock construction noise is a very annoying problem but Olivier Desbarres did much more than going and shouting at them. He has used racial slurs and vulgarities and threatened the workers to burn their houses and construction equipment. He has shouted (you can also watch in the video below) ““I’m gonna go after you. I’m gonna burn your f****** house down, You have no respect. You know what? You are f****** animals. Chinese f****** animals.”

He was wearing a blue polo t-shirt, white bermudas and sandals, as he continued yelling: “I have a life. I have a family. You break that, I will find your f******* family. I can find it very easily. I’m a man with resources.”  in case there were doubts (a fairly reasonable concern, as there are a lot of people in Singapore and how were these guys supposed to know he had an army of Barclays researchers at his disposal?)

He then took a large sheet of metal and threw it down the construction pit.

Olivier Desbarres got more angry when he realized that he was being video taped:

“You’re filming me? You think that’s good? Put your f**cking phone down because I’m going to wait for you to come out and take that phone and shove it up your f**cking ass.”

2 neighbors The Straits Times talked told that they have made police reports on him after he has threatened them and their family because of the noise of their dogs. Olivier Desbarres is 37 years old according to The New Paper and believed to be a French.Unison Construction, the firm whose workers were threatened, filed a police report after the incident, a spokeswoman for the firm said. The Singapore Police Force is investigating, a police spokesman said.

The incident of a senior Barclays bank trader who was caught on camera shouting profanities and threatening the lives of construction workers in Singapore is now making its way to international news websites.

The trader had joined Barclays in August 2011 and has appeared on financial networks such as Bloomberg and CNBC. Before that, he was a currency strategist with Credit Suisse.

The Wall Street Journal reported that Desbarres’ incident added to the “public relations nightmare” already plaguing the bank, which is facing allegations from US officials of electricity price manipulation and a corruption probe regarding the bank’s Middle East activities.  It reported that Unison Construction, whose workers were verbally abused and threatened by Desbarres, filed a police report and the Singapore police is investigating.

The International Business Times reported that Barclays has declined to comment on the incident, but reports have it that he has been dismissed by the bank.

The Wall Street Journal reported that Desbarres’ incident added to the “public relations nightmare” already plaguing the bank, which is facing allegations from US officials of electricity price manipulation and a corruption probe regarding the bank’s Middle East activities.

The Times reported that Desbarres’ former colleague, who was not named, confirmed the banker was told to go after management saw the video.

http://www.youtube.com/watch?v=PgjVJXsh2Pg (in angry times)

http://www.youtube.com/watch?NR=1&v=w6No-5ZVTU4&feature=endscreen   (in calmer times)

Foul-mouth foreigner threatens workers and warns he will hunt down their families [Stomp]

Barclays Capital Appoints Olivier Desbarres as Head of FX Strategy, Asia-Pacific Ex-Japan [BarCap]

Related (re: Barclays employees losing their cool in public): Barclays Global Head of Investment Banking Writes Tear-Stained Letter To Son’s School, Demands Teacher’s Firing For Trash Talking Barclays, Making Son Cry

Crystalake:

And the reason for the outburst?

The workers started work at 845am, 45m  after the legally allowed time, but 15m before what the neighbours graciously  conceded to accommodate him.

And we wonder why the banks have  issues.

When you hire sociopaths you get exploitative behavior

I read that he went to the site with a golf club before, is there a video on it too?

The other Global head used the words “f**king Dyke”. Is it coincidence?

Surprised he has lived in Singapore for 12 years! This means working here for so long!

It is said that when a man is drunk or very angry, his words are the truth. That frenchman said something about Chinese people, didnt he? Does this reflect what those expats in Singapore think about the chinese people?

Talking about animals…. I am saddened he said chinese animals.

I agree with his frustrations about noise but all he had to do was complain to the right authorities, the  people who can actually get something done, and they would have clamped down on the noise… Besides  the construction workers most likely did not understand him anyway, since they are likely from China villages.

this is not the construction  worker’s fault, nor can they do anything about it — it is their manager’s fault  for assigning them to work at those times. I do not think they were so enthusiastic about work that they wanted to start at 845am, most likely someone told them to.

There is a trend of observing how people treat waiters and staffers  before hiring, as a measure of character and leadership.

Sources : International Business Times, The Times of UK, the Wall Street Journal and the Huffington Post, Youtube, Stomp, The Straits Times, The Business Times (Singapore), Dealbreaker. Herald Tribune?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: