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)
Last on
Clips
![]()
How bankers learn bad behaviour
Duration: 01:05
![]()
Could sending psychologists into banks improve their behaviour?
Duration: 01:26
Broadcasts
- Tue 5 Jul 201601:06GMTBBC World Service Americas and the Caribbean
- Tue 5 Jul 201602:06GMTBBC World Service Online & UK DAB/Freeview only
- Tue 5 Jul 201603:06GMTBBC World Service East Asia
- Tue 5 Jul 201604:06GMTBBC World Service Australasia & South Asia only
- Tue 5 Jul 201606:06GMTBBC World Service East and Southern Africa
- Tue 5 Jul 201614:06GMTBBC World Service except News Internet
- Tue 5 Jul 201621:06GMTBBC World Service except East and Southern Africa & News Internet
- Sat 9 Jul 201616:06GMTBBC World Service Online
- Sun 10 Jul 201602:06GMTBBC World Service Australasia & South Asia only
- Sun 10 Jul 201604:06GMTBBC World Service except Australasia, News Internet & South Asia
Podcast
![]()
The Inquiry
The Inquiry explores the trends, forces and ideas shaping the world
