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Bankers Should Be Made To Take 'Moral Oath'
A think tank believes bankers should be expected to swear an oath in which they promise to behave properly, in the same way as doctors. ResPublica has drawn up a statement that it says people who work at major financial institutions should agree to adhere to. The oath includes a promise to "prioritise the needs of customers", to "provide a quality of service" and to "confront impropriety". The call for a code of ethics comes after a series of scandals such as the mis-selling of payment protection insurance, Libor rate rigging, mis-selling of interest swaps to small businesses and even money laundering. ... (full story)
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