, Columnists
Banker Culture Slips In the Pandemic
Bank executives are worried about continued remote working. After all, being away from the office is bound to affect how employees behave.
Heading back in, or not.
Photographer: ohn Nacion/SOPA Images/LightRocket
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Since the crisis of 2008, the global finance industry has worked to fix its culture of reckless risk-taking. Banks have hired armies of compliance officers, invested in the latest technologies and curbed bonuses to discourage bad behavior.
It’s little wonder then that finance leaders are fretting about a potential tear in the fabric they’ve tried so hard to weave. As the pandemic makes remote working the norm, they say, their corporate culture is at risk.