Virtuous Banking

The UK policy think tank ResPublica has today published a report and recommendations on a radically different approach to reform of the banking sector.

At its heart, the report addresses the inherent failings of largely rules-based philosophies, policies, regulation and business strategies. Instead it argues for the purpose of business to serve the common good; the importance of moral character and values-based decision-making; greater competition; and increased diversity in ownership models.

Download the report