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The period since the Global Financial Crisis and numerous repeated scandals have exposed some areas of serious illegal and unethical conduct within western banking systems. Policymakers and the banks set about addressing so-called misconduct but there is ample evidence that such issues persist and that there is an underlying problem with the ‘culture’ of banking. Drawing on interviews with more than 150 individuals working in financial services as well as regulators, politicians, and lawyers, The Bank Culture Debate offers the most sustained investigation and explanation to date of this complex cluster of issues and explains what has and hasn’t changed in bank culture.
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The period since the Global Financial Crisis and numerous repeated scandals have exposed some areas of serious illegal and unethical conduct within western banking systems. Policymakers and the banks set about addressing so-called misconduct but there is ample evidence that such issues persist and that there is an underlying problem with the ‘culture’ of banking. Drawing on interviews with more than 150 individuals working in financial services as well as regulators, politicians, and lawyers, The Bank Culture Debate offers the most sustained investigation and explanation to date of this complex cluster of issues and explains what has and hasn’t changed in bank culture.