Ethics in financial industry

Lending
Is it right for ‘financially challenged’ people to access financial services?
Who benefits from the consumer society?
Should firms be free to operate as they wish in consumer lending markets?
Are the charging of overdraft fees and charges a paternalistic act?
Why would we be concerned with cross-subsidies existing between types of customers?

Trading
Why is insider trading viewed a breach of trust and fiduciary duty?
What controls should place on financial brokers/advisors?

Mis-selling and Advertising
What costs and benefits are associated with mis- selling?
Is the firm wrong to sell what the customer will buy?
Corporate Governance and Firm Objectives
Does avoiding tax go beyond the spirit of the law?
Does the firm have wider obligations to society?
Who should control a firm with a dispersed ownership structure?

 

 

Regulation
Should firms always obey rules?
Should regulators have the right to remove/prohibit senior bankers and or traders?
Is paternalism an appropriate regulatory response?
Who benefited from deregulation?