Gentlemen, players and re-moralisation of banking: Solution or diversion?

Ronald Kerr, Sarah Robinson

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)peer-review

Abstract / Description of output

In this chapter, ‘A return to gentlemanly banking: re-moralisation as solution or
diversion?’ the authors focus on proposals for changes in institutional culture in the field of banking and finance in order to address issues of what has been called ‘shameful’ and ‘dishonourable’ behaviour by individual bankers. They pose the following questions: in what ways can ‘culture change’ be conceptualised and understood in the context of banking; and to what extent is such proposed change feasible in the context of a neoliberal-dominated political economy?

Using the field of banking in Scotland as an example, the authors trace the overthrow of the traditional gentlemanly bankers by a new guard of modernisers.

The collapse of the Scottish banks in 2009 and the lack of any legal accountability has led to calls in the popular press and
elsewhere for a return to what we take to be a quasi-imaginary past, in which banking was a gentlemanly profession conducted, at senior levels at least, by and between honourable gentlemen. The chapter concludes with a discussion and critique of what this might imply.
Original languageEnglish
Title of host publicationControlling Capital
Subtitle of host publicationPublic and Private Regulation of Financial Markets
EditorsNicholas Dorn
Place of PublicationLondon
PublisherRoutledge
Pages126-138
Number of pages12
ISBN (Print)9781138943124
Publication statusPublished - 16 Feb 2016

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