Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
RegulationsApril 1 2002

The importance of being good

The Enron scandal has put the spotlight back on ethics. Banks can no longer ignore the issue of social responsibility and those which do may not survive.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

"The highest reward for a man's toil is not what he gets for it, but what he becomes by it." John Ruskin

At the World Economic Forum in New York earlier this year, journalists were taken aback. Bankers such as Rolf Breuer, chief executive of Deutsche Bank, and David Komansky, chairman and chief executive officer of Merrill Lynch, co-opted much of what protesters outside the Waldorf-Astoria hotel were saying. The arch-capitalists were sounding pretty sharing and caring.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial