A quarter of bankers would still do an illegal trade to make money if they knew they could get away with it, according to a wide-ranging survey of financial workers by the University of Notre Dame and law firm Labaton Sucharow
As if that’s not bad enough, nearly half of the survey respondents « find it likely » that their competitors have done something unethical or illegal to gain an edge.
« We fear that the industry has not learned its lesson, » concludes the report, which covers bankers in both New York and London.