"The entire culture in bank executive management is one of irresponsibility. They play fast and loose with other people’s money, then wriggle out of accepting the consequences. While people with this attitude remain in place at the top of banks, there will be no real change in culture. And until the prevailing culture in banks changes, there can be no real change in banking."
My analysis of the bad behaviour of bank executive management across the entire UK banking industry can be read here:
Bankers behaving badly - Frances Coppola at www.Pieria.co.uk