New York Fed moves to tackle ethics in financial culture
Academics and bankers “share many of the same concerns” about ethics and behaviour, New York Fed official says
The Federal Reserve Bank of New York has established a group to look at reforming the culture and conduct of the financial serves industry.
The Education and Industry Forum on Financial Services Culture is a private sector group sponsored by the New York Fed. It aims to provide opportunities for representatives from business schools and financial institutions to identify challenges regarding culture, ethics and behaviour, and to find areas for collaboration to address them.
“We recognise that
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