How can financial services companies prevent a leadership scandal? See advice from HireRight’s Steve Girdler in a recent article featured in Global Banking & Finance Review.
Some of the key points:
- Britain’s largest banks have paid over £50bn over the last six years for misconduct, but are now beginning to rebuild their reputation.
- The FCA’s new regulation has been put in place to crackdown on wrongdoing in the industry, but a different culture is needed to affect change.
- Financial services companies must be consistent, vigilant and prepared to recruit the right leaders at the top.