Wednesday August 12, 2020

The new Banking Standards Board - just another quango?

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

7th January, 2018
A standardised culture across all financial services firms is a ‘frankly undesirable outcome’, according to the Central Bank

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,...

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