Culture is consistently seen as culprit amidst continuing risk governance failures among firms, as well as in troubling lapses on the part of the auditors and regulators relied upon to assure market integrity. Culture is thus considered to be a critical governance priority – for private and public entities equally – and particularly so in the financial sector.
Observations
Aug 16, 2023Banks increasingly focus on horizon scanning and scrutinizing their clients and commercial partners' cultures to mitigate reputational risks. This comes in the wake of several banks severing ties with disgraced hedge fund manager Crispin Odey and former politician Nigel Farage, largely due to concerns about their reputations.
by Stephen Scott, Starling Insights, Clare Bolingford, Mirea Raaijmakers, Stuart Mackintosh, Ted MacDonald, Peter Routledge
Compendium
Jul 17, 2023Access a PDF version of our newest Deeper Dive here!
This report, produced in collaboration with the Chartered Banker Institute, is available on a complimentary basis to all registered Observers of Starling Insights. If you are receiving this message you can Sign In or Join using the buttons below.
