Members in the News

  • September 9, 2015

  • Charles W. Eliot professor at Harvard University Lawrence Summers outlines five reasons against the Fed's possible decision to raise interest rates. In the Financial Times post, he discusses why "the case for hitting the brakes in an economy with sub-target inflation, employment and output is not there."
  • September 2, 2015

  • Jean-Claude Trichet, Chairman of the Group of Thirty and former President of the European Central Bank, discusses "the risk-taking culture that still prevails within some departments of global banks and in the financial system itself." Trichet believes that stricter regulation and legal compliance are not necessarily the best way to address unethical behavior. Instead, he advocates for firms to actively shape their internal organizational culture.
  • August 31, 2015

  • Guillermo Ortiz, Chairman of the Advisory Board of Grupo Financiero Banorte, has been awarded the 2015 BRAVO Business Legacy Award by Latin Trade Group, "the leading provider of information and business services to companies operating in Latin America and the Caribbean." Mr. Ortiz was selected for the Legacy Award in recognition of his long and distinguished career as an international economist, policymaker, and businessman.
  • August 21, 2015

  • William R. Rhodes, President and CEO of William R. Rhodes Global Advisors, discusses the cultural revolution needed in banking for Reuters Breakingviews. Although he acknowledges that there are pressures on banking authorities to increase regulation, he argues that "corporations alone can change their core cultures." He also emphasizes that "comprehensive cultural and conduct reforms...make good business sense."
  • August 9, 2015

  • Lawrence Summers, Charles W. Eliot professor at Harvard University, calls for comprehensive changes in corporate governance supported by tough-minded investors. He states that this solution to 'general widespread unhappiness with market outcomes' would be a smarter alternative to government programs.
  • August 3, 2015

  • In a recent speech, Singapore's Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam discusses the sources of continued advancement in Singapore's economy. He discusses global challenges the country faces while emphasizing the need to utilize "new skills and technologies, original business solutions, and a spirit of experimentation in society."
  • Difficulties in Implementation
  • July 31, 2015


    In an interview with the German language newspaper Handelsblatt, Bayerische Landesbank Supervisory Board Chairman Gerd Häusler discusses the recommendations made in the Group's latest report on banking conduct and culture. (in German)

  • Link Pay to Standards
  • July 30, 2015


    Our latest report, Banking Conduct and Culture: A Call for Sustained and Comprehensive Reform has been featured in an article in the Financial Times. The author highlights the study's recommendations for addressing culture in the world's leading financial institutions.

  • How to Sustain Economic Growth in Asia
  • July 21, 2015


    Haruhiko Kuroda, Governor of the Bank of Japan, discusses the steps necessary to maintain robust economic growth in Asia at the Amartya Sen Lecture organised by the Cambridge Society of Thailand.

  • Complacency and Incrementalism are Traps to Avoid
  • July 12, 2015


    In an opinion piece for the Financial Times, Lawrence Summers, Charles W. Eliot professor at Harvard University, calls for “clear-eyed, bold action” to manage ongoing financial uncertainties globally.

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