Members in the News

  • 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.

  • Banking Needs Culture and Conduct
  • June 23, 2015

     

    William R. Rhodes, CEO of William R. Rhodes Global Advisors, LLC, discusses the current state of U.S. banking culture in an interview with Bloomberg Business. Rhodes stresses the need to “get back to the basics,” citing the recent LIBOR and Forex scandals as reasons why the global community continues to lack confidence in the banking sector.

  • Building Real Markets for the Good of the People
  • June 10, 2015

     

    Mark Carney, Governor of the Bank of England, delivers a speech at the Lord Mayor's Banquet for Bankers and Merchants of the City of London at the Mansion House. In it, he describes the previous failures of the markets, including the "numerous incidents of misconduct, undercutting public trust and threatening systemic stability." Furthermore, he stresses the need for individuals, firms, and regulators to work toward fair markets to not only help the UK prosper but the global economy as well.

  • The US Economic and Monetary Policy Outlook
  • June 5, 2015

     

    In a recent speech, President of the Federal Reserve Bank of New York, William Dudley, discusses his expectations of rising Fed rates along with an increase in growth for the remainder of the year. He concluded that forming a solid economic outlook for the year would be challenging until further macroeconomic data are released, but that it will be likely that “conditions will be appropriate to begin monetary policy normalization later this year.”

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