More accountability, more diversity: Regulator's verdict on bank culture

The Behaviour and Culture Report, which covered AIB, Bank of Ireland, Permanent TSB, Ulster Bank and KBC Ireland, found that all five banks have 'a distance to travel' in order to develop a consumer-focused organisational culture

Central Bank report followed tracker scandal

A Central Bank report carried out in the wake ofthe tracker mortgage scandal has recommended the introduction of legislation to make bankersmore accountable for any failings in their institution.

The Behaviour and Culture Report, which covered AIB, Bank of Ireland, Permanent TSB, Ulster Bank and KBC Ireland, found that all five banks have “a distance to travel” in order to developa consumer-focused organisational culture. It also found a lack of diversity at the ...