The new Banking Standards Board - just another quango?

The new Banking Standards Board - just another quango?
A standardised culture across all financial services firms is a ‘frankly undesirable outcome’, according to the Central Bank

A body to improve the culture of banking, set up and paid for by the banks themselves, aims to boost trust and raise banking’s ethical bar

New year, new you, goes the cliché. Whether it’s getting fitter, a career change or a better diet, it’s hard not to feel the pressure to create a shinier, healthier, better version of yourself as the optimism of a fresh start hangs in the air.

The banking sector, too, is hoping for a 2018 makeover, and has set its sights on rebuilding consumer trust.

Ireland’s five main retail banks – AIB, Bank of Ireland,...

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