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Recent Ethical Issues in Investment Banking

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Ethics in Investment Banking
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Abstract

The specific ethical issues that characterised the financial crisis included manipulating credit ratings, the mis-selling of securities, unauthorised trading and the short-selling of bank shares. In addition, there are long-standing ethical concerns regarding practices such as market manipulation and insider dealing. The ethical implications of these practices are not uniform – it would be difficult to objectively consider some of these activities to be unethical, whereas others are clearly unethical.

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© 2011 John N. Reynolds and Edmund Newell

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Reynolds, J.N., Newell, E. (2011). Recent Ethical Issues in Investment Banking. In: Ethics in Investment Banking. Palgrave Macmillan, London. https://doi.org/10.1057/9780230348851_6

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