Global Financial Leaders Insist on the Necessity of Financial Ethics

September 24th, 2015 by Kara in Interviews, News

  Banking and financial regulators around the world are now speaking about ethics and promoting an ethical culture in finance openly. Leaders among the world’s major bank supervisory bodies, and top-level executives in international banks, are doing the same. This is a change from the pre-GFC (Global Financial Crisis) era. In the past, regulators, bankers and the financial academy spoke of efficiency, market determined guidance and consequently, ‘light-touch’ supervision. Perhaps in some small measure the increasing willingness to include ethics in the dialogue about finance is due to the work and ...

JPMorgan Chase: Code of Ethics and Revisions Since the 2008 Financial Crisis

September 10th, 2015 by Kara in Case Studies

  By: Daniel Strong JPMorgan has an extensive Code of Ethics, which appears to be well polished, written and executed. There are adequate policies designed to encourage compliance and whilst changes have only occurred to the Code of Conduct, they have been very positive in nature. Despite this, there appears to be no change in the frequency of ethical issues facing the company which suggests different types of intervention are needed. There are three parts to this article. The first outlines relevant background information of JPMorgan, including its ongoing ethical and legal violations. ...