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Can sociological thinking help to address the bad apples and rotten barrels of the financial industry?

Lewin, Sian (2015) Can sociological thinking help to address the bad apples and rotten barrels of the financial industry? Researching Sociology (30 Jun 2015). Blog Entry.

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Abstract

by Sian Lewin, doctoral researcher in the LSE Department of Sociology Recently, US and UK regulators announced that six global banks (including Barclays and RBS) will pay over $5.6bn between them in fines for the manipulation of benchmark exchange rates in the foreign currency markets. This is the latest in a seemingly never-ending series of financial scandals including the ‘London Whale’ traders at JP Morgan, the rigging of LIBOR and the alleged HSBC tax avoidance schemes. From these events, it seems that unethical or even illegal behaviour is rife in the banking industry today.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/researchingsociology/
Additional Information: © 2015 The Author(s); Online
Divisions: Sociology
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HF Commerce
H Social Sciences > HG Finance
H Social Sciences > HM Sociology
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
Sets: Departments > Sociology
Collections > LSE Researching Sociology Blog
Date Deposited: 27 Jun 2017 07:55
Last Modified: 20 Feb 2019 16:31
URI: http://eprints.lse.ac.uk/id/eprint/82396

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