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Should Banking Moral and Ethical Norms Match Those of the Culture or Society? | The Ethical Banker [ Business Ethics - Banking Ethics ]

By steverhode 348 days ago from http://ethicalbanker.org

If societies ethics and response would be to be flexible and seek a balanced solution, and the bank does not strive to do that, are the banks morals or ethics out of balance with societies and not reflective of the moral norm?

What do you think about that situation and what do you think the ethical goal of the bank should be on the lending

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Tags: ethics business ethics banking ethics banks lenders


Is Northern Rock Not in Ethical Compliance? | The Ethical Banker [ Business Ethics - Banking Ethics ]

By steverhode 348 days ago from http://ethicalbanker.org

I’m wondering if we as a society consider it to be ethical for a bank to extend sub-prime or relaxed loans to consumers but not to extend the same degree of laxness or flexibility on the back end if a consumer gets into financial troubles or is that entrapment? If a bank knows they are not in compliance with a code or regulation but continues

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Tags: banking ethics ethics ethical business ethics