The Financial Times - Opinion Piece by Robert Jenkins
The Better Banking Law take: Refreshing thoughts indeed on statesmanship by banking leaders encompassing integrity, courage, wisdom and leadership in global finance. It goes without saying we need individuals with such qualities to rise to the occasion and support, rather than resist, bank reform.
The New York Times - William D. Cohan
The Better Banking Law take: Cohan accurately outlines ethical issues and cultural flaws that Wall Street must address. In particular, we applaud Mark Carney's critical perspective, as he said:
“Virtue cannot be regulated ... Even the strongest supervision cannot guarantee good conduct. Essential will be the rediscovery of core values, and ultimately this is a question of personal responsibility. More than mastering options pricing, company valuation, or accounting, living the right values will be the most important challenge” for Wall Street.
The Wall Street Journal - Katy Burne
The Better Banking Law take: We applaud the call by regulators William Dudley, Janet Yellen, Christine Lagarde, and Stanley Fischer for an ethical culture change within financial firms.
New York Times by Reuters - Reporting by Huw Jones, Editing by Jane Merriman
The Better Banking Law take: Tracey McDermott's wise, sustainable approach to end de-regulation and re-regulation cycles. History is instructive!
The Wall Street Journal - Margot Patrick
The Better Banking Law take: Bank of England's tougher stress tests for top 7 UK banks are indeed a key tool to avert another financial crisis.
The Wall Street Journal - Paul J. Davies
The Better Banking Law take: Finally! The US Financial Press covers the UK's ringfencing plan and its similarities to Glass-Steagall.
Financial Times - Lucy Kellaway
The Better Banking Law take: Great perspectives on risky practices of "mistakes" by Doctors, Silicon Valley and Bankers.
Financial Times - Andrew Hill
The Better Banking Law take: Welcomed views on moderation and caveats after Sergio Ermotti's remarks on risk and "honest mistakes".
