How do you create an ethical banker? Not by hugging them | Christina Patterson
Bankers need more cuddles. They should be hugged and kissed and taken gently by the hand, and led to a room full of bouncy balls and bean bags, and told that they are clever and beautiful and kind, and that Mummy is proud.
These aren't quite the words of a new report, by PricewaterhouseCoopers and London Business School, into "unethical conduct" in banking, but they're not a million miles off. The report is called Stand Out for the Right Reasons, which can't help adding to the feeling that an ethical banker is about as common as a white rhino. The subtitle, which has a slightly threatening edge, is: "Why you can't scare bankers into doing the right thing".
When bankers get scared, apparently, they don't just cower in corners
Related: Criminal bankers have brazenly milked the system. Let's change it | Will Hutton
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