As Regulators Focus on Culture, Wall Street Struggles to Define It • © [wsj.com]

As Regulators Focus on Culture, Wall Street Struggles to Define It - WSJ

… Senior officials with the Federal Reserve and other agencies in recent weeks have made it clear that they believe bad behavior at banks goes deeper than a few bad apples and are advising firms to track warning signs of excessive risk taking and other cultural breakdowns. Still, even regulators acknowledge culture is a difficult thing to measure.

I confess that proof is hard to come by,” said Thomas Baxter, general counsel of the Federal Reserve Bank of New York, in a speech last month. “Yet I am not alone in the fundamental belief that a strong ethical culture will lead to better behavior.”

via As Regulators Focus on Culture, Wall Street Struggles to Define It – WSJ.

Advertisements

Tags: , , ,

About plerudulier

Primarily interested in interacting and engaging with people about issues related to profession but also charity, environment, ... you get the idea.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

plerudulier

Recipient of whatever I feel like sharing | Pensées partagées

WSantos's Blog

All things Microsoft (and whatever else crosses my mind)

Pimpf : Drifting somewhere...

All those elements that make me complete...

An infinity of hypotheses

The Biologue Chronicles

Comics have the Power

Comics have the Power !

Les Bulles de Bourgogne

« La Lecture est une amitié » Proust

Les trouvailles de Georgette

Trésors du domaine public et des licences libres : une sélection de la bibliothèque Georges Brassens, Paris 14e

Urbanisme - Aménagement - Fiscalité

Consultant et Formation en Urbanisme

Le Blog de Nicolas Beretti

Avec de l'entrepreneur et de l'auteur à l'intérieur

iROCBlog

L'information Revisitée et Ouverte aux Citoyens

Thierry Borne

RIEN N'EST IMPOSSIBLE

Le Monde selon Jane

Très politiquement et surtout très incorrect...

ecosphere

Medias et économie numérique par les chiffres, les idées et les rencontres

Cybercriminalité

Tout sur la cybercriminalité

800.000 feignasses!

800 000 enseignants: 6 mois par an? 20h par semaine? Mais non!!

Electrek

Charge Forward

%d bloggers like this: