Blog
Banks and the Principal Agent Problem
29th July 2015
The activities of the House of Lords are very much in the news at the moment. But the members do carry out serious work, not least on the economic affairs committee. Last week, Lord Green, former chairman and chief executive of HSBC, appeared before them. Yes, the noble Lord admitted, the bank had not got everything right. “There were things we should have done differently with the benefit of hindsight”, he told the committee.
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