26 February 2013

Mark Carney: “Banks should focus on client relationships and not on the transactions”

The Bank of Canada Governor Mark Carney said that reviving strong ethics and moral values is the only way for the Canadian banks to restore the consumer trust in the banking system.

And although the G20 global banking sectorreforms might help torestore this trust, Carney believes that regulation will be not enough. In his opinion, ethics can’t be controlled as it should be…

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