Analysis, Culture & Conduct

The rising risk of ‘cultural contamination’

By Ellesheva Kissin
Image: Getty Images

It’s back with a vengeance. UBS’s chair Colm Kelleher brought the term “cultural contamination” back into public view when he aired worries about the bank’s forced takeover of its scandal-ridden rival, Credit Suisse.

During the financial crisis, the term referred to unethical working practices that had spread across ...

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