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Courtesy Independent......
Bankers bash themselves as survey reveals toxic culture
Britain's banking industry is still operating a toxic culture which showers riches on those who indulge
in bad behaviour and where bullying is rife - according to its own staff.
The Chartered Institute of Personnel & Development (CIPD) today publishes the results of a devastating
survey of the financial sector, which suggests that industry leaders' claims that banking has reformed
aren't being reflected on the ground.
It comes as the Parliamentary Commission on Banking Standards finalises its hotly-anticipated final
report that is expected to call for sweeping changes in industry practice, with some members pushing
for a break-up of Royal Bank of Scotland.
The poll by YouGov found that eight out of 10 bankers still believe that some people in their organisation
enjoy excessive rewards. Even a majority of senior managers agree.
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