Culture In Banking - Under The Microscope

Welcome to The Deloitte Bank Survey 2013

Half a decade after the onset of the financial crisis, governments, regulators and senior bankers are pausing to reflect on the causes and how to avoid a repetition. Last year, The Deloitte Bank Survey tackled the subject of deleveraging. In the wake of the crisis, the immediate imperative for the banks was to shore up their balance sheets and to improve the soundness of the entire banking system.

The focus of debate has shifted from leverage to standards, values and culture. Many - both inside and outside the industry - now accept that many aspects of the industry's culture were problematic and senior figures within the industry have acknowledged the need for change.