UK Parliament / Open data

Financial Services (Banking Reform) Bill

My hon. Friend is absolutely right, and he is right because, as I know from my time in banking, people in banks are usually aware of the problems, but there is a perverse incentive—a short-termism—that says, “If the rewards are delivered short term, but the risk is unlikely to crystallise”—

Type
Proceeding contribution
Reference
560 c111 
Session
2012-13
Chamber / Committee
House of Commons chamber
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