Editorial: A question of trust

Editorial: A question of trust

Richard Jory

Trust is the invaluable commodity in finance, but it is currently in short supply and the measures put in place to restore it appear to be just another layer of fake tan.

That has not stopped banks from selling all kinds of investment products that rely on the virtue of their creditworthiness, however. Nowadays, when you buy a structured product you will more than likely know the name of the bank that issued the bond underpinning the investment, while the bank that created the product and the di

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