Banking with Integrity: The Winners of the Financial Crisis? by Dr Heiko Spitzeck, Dr Michael Pirson, Dierksme, Dr. Heiko

By Dr Heiko Spitzeck, Dr Michael Pirson, Dierksme, Dr. Heiko Spitzeck, Prof. Claus Dierksmeier, Dr. Michael Pirson

Banking with Integrity presents wealthy and in-depth case stories of banks that have been doing good through the monetary trouble of 2007-2010. whereas different banks went bankrupt, have been nationalized, or struggled for survival a few of the featured situations elevated marketplace proportion, attracted extra clients and kept away from domestic evictions in their consumers.

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In addition, in all its supplier contracts ABN AMRO REAL has stipulations that specifically prohibit any actions or business practices that do not comply with its corporate principles, such as discrimination, child labor, and slavery. Acting today, thinking of tomorrow ABN AMRO REAL had made significant steps towards enhancing its socio-environmental performance. At the same time, the number of employees engaged either fully or partially in sustainability increased over the years. In 2007, there were 407, mostly due to the microcredit expansion (Sustainability Report, 2007, p.

Taking into account Brazil’s high demand for university graduates, this initiative seems very promising. According to Guy Ellena, IFC director for health and education, it is the first time one of Brazil’s large banks has developed products to exclusively support university students, establishing a distinct market segment (IFC, 2008). The idea was not just to help university students; educating future generations and increasing their awareness of sustainability was seen as a part of the mission.

Php#footnote1 (accessed 14 July 2010). 16. org, ‘The Economic State of Young America’, May 2008. 17. J. pdf (accessed 23 Feb. 2009). References Elliott, G. 2006. The Mystery of Overend & Gurney: A Financial Scandal in Victorian London. London: Methuen. Galbraith, J. K. 1955. The Great Crash: 1929. Boston, MA: Houghton Mifflin. Kaufman, G. G. 1990. ‘Are Some Banks Too Large to Fail? Myth and Reality’. Contemporary Economic Policy 8 (4), 1–14. Lechner, C. 2009. Konsequenzen aus der Finanzmarktkrise – Perspektiven der HSG.

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