Tag: Libor

ANALYSIS: Performance Management for an Ethical Culture

With additional comments by compliance expert Richard Bistrong Checking up on employees to see they’re doing their job well is in disarray. Most managers hate doing annual performance reviews. Many completely fail to do it properly or at all. Those on the receiving end of appraisals–to give performance management yet another […]

Is this a step too far for nailing bankers?

In August 2014 London Mayor Boris Johnson called for ‘guilty until proven innocent’ to become the law for suspected terrorists. He argued for a reverse of the normal presumption of innocence for those who travel to Iraq and Syria.[1] Let’s not stop at terrorists though. Why not bankers? New laws […]

Another fine mess you’ve gotten us into

What’s another €94m fine between friends?  The latest penalties on several banks for fiddling interest rates by running a cartel, is hardly the stuff of headlines. J.P. Morgan, no paragon of ethical performance in recent years, must pay €61m for crooked behaviour involving Libor, from 2008-9. Yet can you envisage the […]