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Removing the corrupt culture in banking

Bankers will lie at the toss of a coin - but only when at work, finds a new study. Lenders would do well to address this fundamental issue.

A DIFFERENT MINDSET: In the long term, it is necessary to change what it means to be a banker altogether. Things like 'Greed is good' and associations with winning at any cost might be downplayed. Other characteristics could be played up.

THERE is something in the culture of banking that lends itself toward making otherwise fairly good people do bad things. That's the finding of a new study published in the journal Nature. And it may simply confirm the suspicions of many following endless news of bankers being outed for bad...

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