Culture, acquisitions and regulation at Scotiabank

An acquisitive spirit

Luc Vanneste

Since the financial crisis, the global banking world has been taking a long, hard look at its internal culture. Recent events have done nothing to improve the public's perception of what goes on inside our financial institutions. This year alone has seen Barclays lose its chief executive Bob Diamond, chairman Marcus Agius and chief operating officer Jerry del Missier in the wake of the Libor-rigging scandal.

And the UK Financial Services Authority (FSA) has confirmed that Barclays was not alone

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