Bank Culture Debate - Ethics, Values, and Financialization in Anglo-America

The period since the global financial crisis has exposed some areas of serious illegal and immoral conduct within western banking systems. Drawing on interviews with more than 150 individuals working in financial services as well as regulators, politicians, and lawyers, this book explains what has and hasn't changed in bank culture.

List of contents

• Part 1


• 1: Introduction


• 2: Bank Culture: Behaviour and Ethics, or Financialization?


• 3: Culture and Legitimacy


• Part 2


• 4: US Responses and the First Phase


• 5: US Responses and the Second Phase


• 6: UK Responses and the First Phase


• 7: UK Responses and the Second Phase


• Part 3


• 8: Fines as a Mechanism for Culture Change?


• 9: What Has Changed


• 10: What Has Not Changed


• 11: Conclusion


• Bibliography


• Index

About the author

Dr Macartney is Associate Professor in Political Economy at the University of Birmingham. He was previously a Hallsworth Fellow at the University of Manchester, and an ESRC Postdoctoral Fellow at the University of Nottingham. His research focuses on the politics of banking and financial markets and he is the author of two books and numerous journal articles on these topics. His work has been published in internationally-renowned journals such as Review of International Political Economy, West European Politics, and Review of International Studies.

Summary

The period since the global financial crisis has exposed some areas of serious illegal and immoral conduct within western banking systems. Drawing on interviews with more than 150 individuals working in financial services as well as regulators, politicians, and lawyers, this book explains what has and hasn't changed in bank culture.

Additional text

The Bank Culture Debate marks a significant step forward in our understanding of the crises in Financial services. It shows that the financialisation' of the AngloAmerican model of banking shows a deep structural fault line that a focus on culture and conduct goes only a fraction of the way to address. A must read for anyone wanting to understand both the last crisis... and the next one.

Product details

• Authors: Huw Macartney, Huw (Associate Professor in Political E Macartney, Huw (Associate Professor in Political Economy Macartney, Macartney Huw
• Publisher: Oxford University Press
• Languages: English
• Product format: Hardback
• Released: 30.09.2019
• EAN: 9780198843764
• ISBN: 978-0-19-884376-4
• No. of pages: 302
• Subjects: Social sciences, law, business > Political science > Political science and political education; Bankwirtschaft, Wirtschaftspolitik, politische Ökonomie, Finance, POLITICAL SCIENCE / Political Economy, POLITICAL SCIENCE / History & Theory, BUSINESS & ECONOMICS / Banks & Banking, BUSINESS & ECONOMICS / Finance / General, Banking, POLITICAL SCIENCE / Public Policy / Economic Policy, Politics / Current Events, Political science & theory, Political Economy, Political science and theory, Finance and the finance industry