Banking Conduct and Culture: A Permanent Mindset Change
Author(s): G30 Working Group
Ten years after the onset of the global financial crisis, the banking industry has made significant efforts to understand and improve the culture of their firms, and scrutinize employee conduct. In this context, the Group of Thirty (G30) Banking Conduct and Culture Working Group has published the report, Banking Conduct and Culture: A Permanent Mindset Change, that focuses on two fundamental questions: 1.) “How much progress has been made in the 10 years since the global financial crisis, and particularly since the G30 released its first report on banking conduct and culture in 2015?,” and 2.)“Where do we go from here?” The new report examines the progress banks have made since the 2015 report; shares findings gleaned from interviews with over 50 financial sector leaders; and reiterates guidance on the areas where additional efforts and attention are still required.