The great IT meltdown
There is little indication that banks are giving IT the kind of attention it undoubtedly needs.
As Stephen Green, ex CEO and chairman of HSBC reminded us before he became Lord Green and joined the UK government in 2010: “Corporate governance is the very essence of a company.”
Where then, does the responsibility rest for appropriate technological infrastructure that goes to the very heart of a business? Surely, it is with the plc boardroom.
In financial services, where businesses are dealing with money belonging to other people—their customers—this responsibility take
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
World of uncertainty for governance as need for change intensifies
A spate of reports indicate that this is far from being a settled time for governance. In fact, the agitation for change in governance is as dynamic as demands for change in politics and economics.
-
The Secret NED on the trials of the remuneration chair
It's undoubtedly a tough job, especially in this pay-sensitive climate. So why would anyone want to be remuneration chair? The Secret NED mulls it over.
-
UK’s draft new governance code has a social mission
This week saw the release of a new draft code for UK corporate governance. While many were distracted by measures on executive pay, the code's real mission is social "injustices", as highlighted by Theresa May last year.
