ethics

78 Posts

How to Win Investors’ Trust

How to Win Investors Trust

The combination of the financial crisis, events like the Libor scandal, and frequent news stories about financial organizations putting their interests above their clients, it is obvious why some investors may be concerned about the quality of advice and the motivations of their financial service providers. Read more

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A New Era of Fiduciary Capitalism? Let’s Hope So

Putting Investors First

Five years after the global financial crisis washed over us all, the future of finance is unclear. The debate continues over how to rebuild a financial system that is vibrant and dynamic, that serves society, and that won’t blow up and drag the whole world down every few years. From my perspective, a new era of capitalism is emerging out of the fog. What I define as fiduciary capitalism is gathering strength and needs to become the future of finance. Read more

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Book Review: In Bed with Wall Street

In Bed with Wall Street: The Conspiracy Crippling Our Global Economy

According to author Larry Doyle, the financial crisis of 2008–2009 was a failure of regulation and oversight, and he contends that the leaders of major institutions escaped retribution for irresponsible practices that helped cause the crisis. He calls for enhanced accountability and effectiveness in the regulatory arena. Read more

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History Shows Ethics, Or Lack of It, Will Shape the Future of Finance

SAC Capital Advisors

It seems that barely a month goes by without another headline about the ethical failure of an investment professional. Most recently, of course, was SAC Capital’s decision to plead guilty to all five counts of insider trading violations and pay a record $1.2 billion penalty, becoming the first large Wall Street firm in a generation to confess to criminal conduct. While these record penalties seem to be broken fairly frequently, one is left wondering: Is there anything new about the nature of the ethical issues involved? Read more

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Roundup: India Investment Conference — The Road Ahead for India and Emerging Economies

India Investment Conference 2014

A collection of highlights from Fourth Annual India Investment Conference. Different sessions at the event explored different views on the tapering of quantitative easing in the United States, specified challenges and key factors in sustaining economic growth in India, predicted future trends of the rupee, highlighted how the global energy landscape is affecting local oil prices, and issued a wake-up call for practitioners regarding ethical issues facing finance industry. Read more

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What If Customers Came First?

The Future of Finance Starts with You

Financial firms serve a number of stakeholders. But do they serve them equally? Can they? Should they? Robert Jenkins, adjunct professor of finance at London Business School and a governor of the CFA Institute, explores how boards are ranking various stakeholders in light of the recent financial crisis. Read more

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