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On the 28th May 2015, ResPublica hosted a breakfast panel session entitled Vocational Banking: Restoring trust and confidence in financial services.
Featuring a keynote speech from Martin Wheatley, Chief Executive of the Financial Conduct Authority, the event builds on the success of ResPublica’s report Virtuous Banking, discussing the ways in which we can begin to renew banking culture based on the concept of vocation and personal responsibility, and the benefits this can bring to both industry and consumer.
Press interest in the event was significant, with coverage featuring in the FT, City AM, Reuters, the WSJ, the FT Adviser and BBC Radio 2.
Our expert panel:
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09:00 - 11:00
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David worked in ResPublica’s Prosperity Programme from 2013-2015. He worked on several publications including Making Markets Work for the Many: How Civic Finance can open up markets and widen access,...
Elliott is responsible for Events and Communications at ResPublica. He graduated from the University of Southampton with a BSc in Politics and International Relations, having won the Peter G Richards...
ResPublica will be launching its latest report: Virtuous Banking: Placing ethos and purpose at the heart of finance on 29 July....
ResPublica is launching its latest report: Virtuous Banking: Placing ethos and purpose at the heart of finance. The report reviews the way in which the banking industry governs and organises ...
It’s commonly held that business ethics begin where the law ends. But as we argued in our Virtuous Banking report last year, ordinary people are far from convinced that this ...
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Anthony Sampson in his 1962 book, ‘Anatomy of Britain’, said this about bankers:
“In their dedication, their lack of greed, and their sense of quiet service, the joint stock bankers provide a placid, safe centre to financial Britain: one can no more imagine a bank going bust than the monarchy falling.”
Anatomy of Britain, (London: Hodder and Stoughton, 1962), p. 375.
As part of renewing the profession of banking, it might be a good idea for bankers, as part of their training and continuing professional development, to learn about the history of banking, and the history of financial and banking crises.