An outline of the core principles and strategies required torestore the credibility of the global finance industry
Since 2008, the global financial industry has lurched fromcrisis to crisis, calamity to calamity, resulting in an epic lossof public trust in banking and financial institutions.Rebuilding Trust in Banks argues that this series ofdisasters have usually been the result failures of leadership andgovernance, combined with unenforced systems of checks andbalances. Often, leaders lose their way, believing their own hypeand buying into their own propaganda. The more successful theseleaders are initially the greater their self-confidence grows alongwith the certainty that they're right. The result is adangerous hubris with no countervailing power to stop or changereckless, unethical, or self-interested strategies. This bookoffers a solution, with useful benchmarks for corporate governanceand a global perspective.
* Features effective best practices for ensuring good corporategovernance and responsible leadership in banking and finance
* Written by a renowned expert in corporate governance with morethan 40 years of experience, particularly in Asia
* Intended for corporate leaders and board members in financialcompanies, as well as regulators, advisors, and students
If banks and other financial institutions truly want to rebuildthe trust they once enjoyed, this practical and prescriptive guideoffers effective best practices that can--and should--bewidely implemented throughout the industry.