Personal integrity key in battle for better culture, Lagarde says
IMF head calls for action to rebuild trust in financial industry
Christine Lagarde stressed the importance of individual accountability in improving the culture of the financial industry while speaking at a conference today (November 5), organised by the Federal Reserve Bank of New York.
"In essence, what is needed is a culture of greater virtue and integrity at the individual level in the financial industry," said the IMF's managing director, as she called for "swifter action" to rebuild trust.
One way of achieving this, said Lagarde, is by "appealing to the
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