Author Archive
Stephen Green: Bankers Need A Moral Compass
Source NPR: February 22, 2010
With bank bailouts and executive bonuses in the headlines, it’s hard to find the connection between banking and ethics.
But it’s an argument that Stephen Green, chairman of HSBC — one of the biggest banks in the world — makes in his new book about banking: Good Value: Reflections on Money, Morality and an Uncertain World.
Green is also an ordained priest in the Church of England. In his book, he proposes a “new capitalism” that brings good business and good ethics together. He says moral and spiritual values should take precedence over immediate profit.
