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Toxic Culture

Failure in maintaining an effective workplace culture can allow toxic sub-cultures to emerge and even dominate an organization.

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SVB and Credit Suisse Both Failed on Strategic Risks

by Starling Insights

Observations

May 22, 2023

In a recent Financial Times article, Evgueni Ivantsov, Chairman of the European Risk Management Council, argued that, while the collapses of Silicon Valley Bank (SVB) and Credit Suisse appear to be very different on the surface, the root cause for each was toxic culture and mismanagement of strategic risk.

The 2022 Compendium is available now!

Now in its 5th year, Starling's Compendium features over 60 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

Goldman Paid $12mn to Settle Sexism Complaint

by Starling Insights

Observations

Nov 18, 2022

Bloomberg recently reported that, in 2020, Goldman Sachs agreed to a more than $12 million settlement with a partner who had accused several executives, including CEO David Solomon, of making misogynistic comments.