The rising risk of ‘cultural contamination’By Ellesheva Kissin
July 6, 2023
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 ...
January 5, 2023
The requirements surrounding robust ESG alignment and disclosure are tightening, and firms must be prepared. Nonetheless, financial services firms have always had to measure and evaluate risk, but their key...Read more