David Rouch is a partner at Freshfields. David is widely recognised for his technical expertise in financial services law and regulation. He works with the full range of financial market participants on both their advisory and transactional matters – dealing with some of the market’s greatest regulatory challenges.
by David Rouch
Compendium
May 15, 2022With war in Ukraine rocking the business world, attending to bank culture might seem like fiddling while Rome burns. Yet a firm’s culture is essentially a form of institutional behavioural memory applied to the present. It represents the accumulated collective wisdom of those within the firm, or lack of it, about how to navigate reality successfully. The calamitous reality now pressing itself on firms therefore underscores the continued importance of sound culture ... (cont)