That is exactly what we seek to achieve by the new Guidelines on Corporate Governance that we introduced in August this year. Not to be outdone, the Banker’s Association has announced that it is coming up with a new Code of Ethics and Banking Practice. Not a minute too soon, one might be tempted to say!
So I must say that I am very pleased to hear that after the Diamond era of super bonuses and the alleged massaging of the figures in rampant rate-rigging, one of the largest banks concerned is to refocus on the retail trade. Good news indeed!