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Ethics in banking,corporate maturity and faith
Authors:David Jackman
Institution:1. david@intotheclearing.com
Abstract:It is difficult to understate the impact of the 2008 Global Financial Crisis on entire economies, local communities, families and individuals. The Crisis, and what has followed, provides a window into the behaviour of large corporations and the assumptions underpinning corporate life more generally. This raises issues for the Christian Church and for all faiths seeking a more collective view of our common good and a shared journey. This article evaluates the extent to which anything has been learned since 2008, both within financial services and more widely, and presents ways in which a focus on faith, ethics, culture and community outcomes can be brought to the fore and embedded in businesses and organisations to achieve a longer-term maturity.
Keywords:Global Financial Crisis  ethics in banking  corporate maturity  Finanical Conduct Authority (FCA)  governance  regulation  financial services
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