Although I have been invited by your bank today to reflect on ethics in banking to mark the opening of your training programme, I shall attempt to highlight some cases of fraud from which we may all draw some lessons. Philosophers in ancient as well as modern times have debated lengthily on ethics. Aristotle and J.S.
Features and risk management of the new programmes Is the market for ABS, in particular, sufficiently ample to allow sizeable purchases? Our purchases will include a fairly wide range of simple and transparent ABS collateralised by loans to the real economy.