Rebuilding Trust in Finance

Explore a World Economic Forum panel discussion from Davos 2014 examining the steps needed for the financial sector to rebuild trust in society more than five years after the Lehman Brothers collapse. Delve into key dimensions including identifying and communicating risk, avoiding fragmentation and unilateralism, and enforcing cross-border regimes. Gain insights from a distinguished panel of global financial leaders, including chairmen of major banks and investment firms, as they address the challenges of restoring confidence in the financial system. Learn about different types of trust, the failure of trust, incentives, reputation risk, and the role of banks in rebuilding credibility. Analyze the defensive posture of the financial system and the process of self-examination within the industry.