Posts tagged with: Finance and banking
The problem with finance. (2014)
"...it takes a long time to change a faulty culture, especially one that makes economic sense for the people inside it.” Edward Hadas, Economics Editor, Reuters Breakingviews.com 6 November 2014...
Hubris: How HBOS wrecked the best bank in Britain. (2013)
..."the brilliant men who ran the company ignored the simple banking rules that their predecessors learned the hard way three centuries before.." Ray Perman: former journalist (Financial Times,...
Science can help to spot symptoms of executive hubris. (Financial Times, 2013)
Tett, Gillian. "How can an investor tell if a bank is heading for danger? Analysts have proposed all manner of financial measures. But why not analyse the words of the...
From hubris to nemesis: Irish banks, behavioural biases and the crisis (2013.)
"The Irish experience provides a pertinent case study of what can happen when hubris and associated behavioural biases take control of a bank’s risk management strategy. Michael Dowling, lecturer...
Executive hubris: the case of a bank CEO. (2013)
"Following speculation that the banking crisis of 2008 was partly caused by CEO hubris, the researchers analysed the letters to shareholders of a single bank’s CEO over ten years. ...
How bankers believed their own hype. (2013)
“..groupthink and wishful thinking pose the biggest risks in finance, not deliberate malevolence. Investors - and bankers - should read this Princeton research, and stand warned. Gillian Tett ft.com, 22...
The H Factor: A behavioral explanation of leadership failures in the 2007-2009 financial system meltdown. (2012)
"the current problems with the financial system and our economy have many of their roots in ... words that begin with the letter H - hubris, hypocrisy, hostility, honour, humility, and...
Conference 2012: Dr Ricardo Blaug video clip – How power corrupts
Blaug, Ricardo. "Hubris is a serious and recurrent problem associated with the processes by which individual, group and organisations simultaneously create meaning. Dr Ricardo Blaug, Reader in Democracy and Political Theory,...
Internal and external approaches to controlling rogue behaviour. (2012)
“The conventional approach to eliminating rogue trading of imposing external controls is inherently flawed” Daniel Singer, Professor of Finance, Towson University, Maryland, USA M. Dewally Assistant Professor of Finance, Towson...
Conference 2012: Gillian Tett – Puppetmasters or umpires: the perils of modern bank regulation
The rules to which central bankers worked enabled them to be very confident (Alan Greenspan brushed his critics away) and to ignore the wider context (of system stability) Ms...