Bankers have had lots of critique these last couple of years. Their bonus culture is sick, people say. That’s taking it a little too far, says
Boudewijn de Bruin
, professor of Financial Ethics at FEB. He and professor
Michael Koetter , associate professor in banking and finance at FEB, will debate with Age Offringa (former CEO of Friesland Bank) about the ethical issues in the financial world. 22 March, 5pm in Forum Images.
Boudewijn de Bruin said in an interview with Trouw that “Bankers don’t always know what they’re doing. They use mathematical models to make their decisions, which are supposed to predict how prices will develop. At the same time these models influence how prices develop.” This means that bankers don’t always know what consequences their decisions will have. And the bonus culture in the financial world facilitates recklessness, because bankers get more money the more transactions they make.
These issues and more (for example: how much responsibility lies with the clients themselves?) will be discussed at the Studium Generale Kenniscafé at Forum Images.
The debate will be moderated by Alex van den Berg. Entrance is free of charge, but you need to get a ticket in advance. Tickets are available from 4pm on 22 March onwards at the counter of Forum Images.
(Note that the event is in Dutch)
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