Tag: Bank Culture


Fed’s Dudley suggests bank execs should be on hook for regulatory fines

March 26, 2018

Via: Market Watch

New York Fed President William Dudley on Monday suggested that one way to improve bank culture is to make senior management bear some of the burden when their institutions are fined by regulators. “It doesn’t seem fair or prudent to […]


Focus on Bank Culture Is an Odd Regulatory Strategy

March 15, 2017

Via: The New York Times

The general counsel of the Federal Reserve Bank of New York said last week that everyone “should be concerned with culture in financial services.” This has been a theme raised by banking regulators the world over. Janet L. Yellen, the […]