FSA’s Turner: Bank Culture of ‘Cynical Entitlement’
Financial Services Authority Chairman Adair Turner said banks must purge a culture of “cynical entitlement” after the Libor scandal that led to the resignation of Barclays Plc’s Robert Diamond.
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30:53 - Guests include: Billionaire environmental activist Tom Steyer, Cuemacro founder Saeed Amen, Ballard Spahr's Dee Spagnuolo and Meghan Duggan, captain of the U.S. Women's National Hockey team. (Source: Bloomberg)