MI’s Banking Governance & Culture Project is already producing clear evidence of the challenges society faces in trying to restore even a modicum of integrity to banking and finance. Its organizational maturity rating (OMR) methodology predicted this sort of behaviour by Staley before he even joined Barclays. As our Barclays OMR Analysis & Research Note of February 2016 stated – “Whatever Jes Staley brings from his career at JP Morgan that must include learned behaviours. If banking CEOs have been seen to ignore, endorse or lack awareness of illegal behaviour we could assume they may do so again.”
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