Econ chair Bowles calls for better ethics beyond banks

Sharon Bowles MEP
Sharon Bowles

Sharon Bowles, the chair of the European Parliament's economic and monetary affairs committee, has called for higher ethical standards in banks and the lawyers and accountants that surround them.

Addressing delegates at the British Bankers' Association annual international banking conference in London yesterday, Bowles said vast improvements needed to be made to risk management-related behaviour.

"My ideal world would have far simpler rules, far harsher penalties for transgression and be able to

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