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Opening Quote: Banking on being better

Summary:
Banking on being better. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. What do banks need to do less of, in order to regain the trust of customers and investors? Apart from lending recklessly, selling toxic mortgage-backed securities, manipulating benchmark interest rates, money laundering, facilitating tax evasion, misleading shareholders over their financial strength… and not putting enough staff on at lunchtimes?Apparently, they could start by publishing less data on their hard financial performance – and more on conduct and culture – according to the head of a leading UK institutional investor association.Andy Griffiths, executive director of the Investor Forum, which represents 35 of the biggest

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Banking on being better. FT Opening Quote, with commentary by Matthew...

Siona Jenkins
Former Cairene; FT Middle east news editor. Views my own.

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