Proceeding contribution from Barry Sheerman (Labour) in the House of Commons on Tuesday, 7 February 2012. It occurred during Opposition day on Banking (Responsibility and Reform).
Banking (Responsibility and Reform)
I am certainly not against this sensible proposal to put employees on boards, but as I understand the Walker review and its recommendations, it does not meet the situation now. Instead of innovations, we need something so dramatic that we change the culture in our banking system and its understanding of what is right and wrong, as was mentioned earlier. The culture is what matters, but I see nothing coming from the Government that will fundamentally change the culture that motivates the people working in the sector.
Secondary information
- Type
- Proceeding contribution
- Reference
- 540 c190
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Bank services Banks Credit Incentives Pay Managers Loans Small businesses Regulation Reform Bank levy
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 15:14:59 +0000
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