Bankers – shape up or ship out, says UBS compliance head

Tough approach comes as ECB prepares new guidance on conduct risk for 2024 release

UBS London

Bankers who won’t accept a strong governance culture should be given their marching orders, the head of compliance at a global bank has told a conference, as the European Central Bank (ECB) unveiled plans to publish standards on conduct and culture next year.

Denise Bauer-Weiler, group head of compliance and governance at UBS, said senior managers need to make clear throughout the bank what they want to achieve on culture.

“Then people can adapt or say that’s not the culture I would like to

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