Can You Make Bankers Behave Better?
Big banks have been fined billions following the financial crisis. But behind them are individual bankers, taking everyday decisions. Could they be nudged towards safer choices?
The $5bn settlement recently agreed by Goldman Sachs is the latest in a long list of multi-billion dollar fines paid by banks implicated in the 2008 financial crisis. But behind these giant corporations are individual bankers, taking everyday decisions. It is those decisions which really matter. If you could find a way to nudge bankers towards better and safer choices, building a culture of integrity, you might avoid future financial trouble. But can you make bankers behave better? Taking evidence from witnesses including a Goldman Sachs insider and a regulator deploying psychologists in banks, The Inquiry looks for an answer.
(Photo Montage: Bankers/Stock market charts/City of London. Credit to Getty)
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Clips
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How bankers learn bad behaviour
Duration: 01:05
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Could sending psychologists into banks improve their behaviour?
Duration: 01:26
Broadcasts
- Tue 5 Jul 2016 01:06GMT大象传媒 World Service Americas and the Caribbean
- Tue 5 Jul 2016 02:06GMT大象传媒 World Service Online & UK DAB/Freeview only
- Tue 5 Jul 2016 03:06GMT大象传媒 World Service East Asia
- Tue 5 Jul 2016 04:06GMT大象传媒 World Service Australasia & South Asia only
- Tue 5 Jul 2016 06:06GMT大象传媒 World Service East and Southern Africa
- Tue 5 Jul 2016 14:06GMT大象传媒 World Service except News Internet
- Tue 5 Jul 2016 21:06GMT大象传媒 World Service except East and Southern Africa & News Internet
- Sat 9 Jul 2016 16:06GMT大象传媒 World Service Online
- Sun 10 Jul 2016 02:06GMT大象传媒 World Service Australasia & South Asia only
- Sun 10 Jul 2016 04:06GMT大象传媒 World Service except Australasia, News Internet & South Asia
Podcast
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The Inquiry
Getting beyond the headlines to explore the forces and ideas shaping the world
