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Banking on societal benefits

When a corrupt property dealer went to jail, the Manhattan based bank that Lady Susan Rice CBE worked for should have taken the loss as a bad debt. Instead they re-wrote the rule book; became property developers and built a business and shopping mall in the Bronx. The project was a commercial and social success. Susan asks that as bankers we spend more time factoring societal benefits into our business cases. She also observes that we express a business' success in monetary terms, but blame behaviours when things go wrong.
Recorded Apr 6 2016 12 mins
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Presented by
Lady Susan Rice CBE
Presentation preview: Banking on societal benefits

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We are the largest dedicated professional membership body for bankers in the UK. We help bankers and banks embed a culture of ethical and professional standards, and meet the requirements of the new regulatory regimes.

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  • Title: Banking on societal benefits
  • Live at: Apr 6 2016 10:35 am
  • Presented by: Lady Susan Rice CBE
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