Best of British Conference

Best of British Conference

Speech

Best of British Conference

In her 2014 "Best of British" speech, Tracey McDermott identifies trust as the essential, yet fragile, foundation of financial services, noting that "trust arrives on foot and leaves in a fast car." She argues that the wave of post-crisis misconduct, such as the LIBOR and FX scandals, was not merely the work of a few "bad apples" but the result of "bad barrels"—corporate environments where group…

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