Wednesday September 23, 2020

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Carney warns bankers on ethics

1st June, 2014
The governor of the Bank of England, Mark Carney.

Carney warns bankers on ethics

The governor of the Bank of England, Mark Carney, has told bankers to adopt higher ethical standards. He said board members and senior management at banks should promote ''a culture of ethical business, adding that this would help to support their long-term prosperity.

''In the run-up to the [global financial] crisis, banking became about banks not businesses; transactions not relations; counterparties not clients, Carney said at a conference in London...

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