The financial services industry is in need of a new paradigm to rediscover what finance is for – to improve the financial and economic well-being of society.
- Professor of Finance, The University of Melbourne
Business Briefing: fixing culture in banking and finance
The Conversation19.7 MB (download)
"Banking culture" has drawn a lot of scrutiny this year, after several high-profile scandals. But Professor Paul Kofman says there isn't much evidence for how to intervene if there's a problem.
New evidence suggests investors have a greater appetite for taking risks when market conditions are good, and are more averse to risk when markets are lower. But this means traders could exhibit risk-averse…
Fred Tomczyk, a 20-year veteran of the financial services industry, has his finger on the pulse of investor sentiment: “ … the preference for cash that we’re seeing among new investors suggests a stronger…
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