The Bank Culture Debate is popular PDF and ePub book, written by Huw Macartney in 2019-09-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Bank Culture Debate can be Read Online from any device for your convenience.
The Bank Culture Debate Book PDF Summary
The period since the Global Financial Crisis and numerous scandals have exposed some areas of serious illegal and unethical conduct within western banking systems. Despite extensive reforms it is increasingly apparent however that there is a persistent problem with the 'culture' of banking in Anglo-America. US and UK state managers made substantial efforts to reform the culture of their banking sectors. However, this book argues that they focused on an extremely narrow definition of bank culture. They did so for two reasons: firstly, because the structural pressures of financialization - which are a far more important driver of the problematic features of bank culture in Anglo-America - are harder to remedy; but secondly, state managers also used their bank culture response to tackle a legitimacy crisis facing their institutions of government. In so doing they abdicated responsibility for the real problems - of inequality and instability - associated with their respective financial systems Drawing on interviews with more than 150 individuals working in financial services as well as regulators, politicians, and lawyers, The Bank Culture Debate explains the strategies employed by state managers before then examining what has and has not changed in the culture of banking in the US and UK.
Detail Book of The Bank Culture Debate PDF
- Author : Huw Macartney
- Release : 12 September 2019
- Publisher : Oxford University Press, USA
- ISBN : 9780198843764
- Genre : Business & Economics
- Total Page : 301 pages
- Language : English
- PDF File Size : 11,7 Mb
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