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This the feature article from our Issue #3, 2024 FIRMA FORUM Newsletter. Members can view the entire issue, and past issues, in our archive

Can We Trust Culture and Conduct to Guide Decision-Making in the Financial Services Industry?

By Carol Beaumier and Bernadine Reese
Reprinted with permission

One of the loudest outcries following the global financial crisis was that financial services companies needed to address and fix the gaps in their culture and conduct that helped fuel the crisis. Here we are 15 years later, and the financial industry’s culture and conduct remain very much in the headlines. Has nothing changed? Is it unrealistic to expect financial services companies to be the standard bearers of culture and conduct in a world where others are not necessarily guided by ethical values and yet thrive? Read More...