02 November 2013, The Tablet

Do good, not just business


Ethics in the City

 
The past six years have seen financiers and corporate leaders, especially in London, vilified over their lack of concern for workers, customers and clients. Can Christianity help shape a more acceptable form of capitalism? Since the onset of the financial crisis in 2008, the City of London has been subject to a considerable regulatory clean-up, with tough new standards for financial conduct. But while the recession may technically be over, casualties are still emerging: mostly recently Britain’s largest ethical bank, the Co-operative Bank, which may only be salvaged by hedge funds that could end its ethical stance. A barrage of discussions, lectures and papers has done more to articulate what went wrong than to provide a vision for a healthier future.The second conference of Archbi
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