Good Culture in Financial Services: Does the Model Matter?

Please join us for the launch of a new Social Market Foundation publication ‘Good Culture in Financial Services: Does the Model Matter?’ kindly supported by LV=.

Andrea Leadsom MP, Economic Secretary to the Treasury
John Kay, Visiting Professor, LSE and Columnist, FT
Phillip Inman, Economics Correspondent, The Guardian
Mark Austen, Chair, LV=
Katie Evans, Economist and report author, SMF

Date and time
Monday 24 November, 08.45-10.00
Light refreshments will be served from 08.45 with discussion beginning at 09.15.

12 Great George Street, London SW1P 3AD – map

There are strong reasons for worrying about the behaviour and culture of the British financial sector. Short-termism, poor risk management and a lack of strong corporate governance have all been identified as sources of the financial crisis and continue to cause concern about the stability of the UK’s economic recovery.
The Social Market Foundation is launching a new report on the importance of good culture in financial services firms, how diversity of ownership can encourage it and whether banks, building societies and insurers can be encouraged to compete on the basis of behaviour.

The launch event will explore the report’s recommendations on how we can encourage financial services companies to develop resilient corporate cultures and improve behaviour across the sector.