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

More accountability, more diversity: Regulator's verdict on bank culture
Central Bank report followed tracker scandal

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

A Central Bank report carried out in the wake of the tracker mortgage scandal has recommended the introduction of legislation to make bankers more 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...

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