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Recent Ethical Issues in Investment Banking

In: Ethics in Investment Banking

Author

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  • John N. Reynolds
  • Edmund Newell

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.

Suggested Citation

  • John N. Reynolds & Edmund Newell, 2011. "Recent Ethical Issues in Investment Banking," Palgrave Macmillan Books, in: Ethics in Investment Banking, chapter 6, pages 75-99, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-34885-1_6
    DOI: 10.1057/9780230348851_6
    as

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