Bankers must re-earn customers’ trust says BBA

Members of the Company were delighted that David Cameron, Leader of the Conservative Party, was able to join them.

Alderman Ian Luder, Lord Mayor of the City of London encouraged the financial services community in London to lend its intellectual firepower and take the lead in creating the new cross-border regulatory architecture that would inevitably emerge as a consequence of the current turmoil in the banking market, based on transparency, individual responsibility and an enhanced role for non-executive directors.

In welcoming the guests Henry Angest, the Master of the Company, said that bankers remained committed to ensuring that the institutions for which they worked continued to play their proper role in society and to re-earning the trust of their customers. Although a relatively small number of individuals had brought the whole banking profession into disrepute. It remained incumbent on all bankers to re-emphasise the fundamentals of trust, integrity and honesty as articulated in the company's principles for good business conduct. He remained encouraged however by the continuing willingness of senior financiers to commit time and resource to the Company's educational and charitable activities.