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Why Our Trust in Banks Hasn’t Been Restored

Harvard Business Review

Since the financial crisis of 2008, a major question has been how banks can restore the trust of their clients. To address this concern, banks have been hiring an increasing number of compliance officers. For example, JP Morgan has hired an additional 13,000 people in the area of compliance since 2012.

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Social Media Compliance Isn't Fun, But It's Necessary

Harvard Business Review

So why did one of the planet's biggest investment banks — and its 33,300 employees — hold out so long? The latest enterprise social media management systems, offered by companies like Radian 6 , Hearsay Social , and my company, HootSuite , allow firms to assign limited permissions to certain employees.

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What You Can Do to Improve Ethics at Your Company

Harvard Business Review

But what about the ordinary engineers, managers, and employees who designed cars to cheat automotive pollution controls or set up bank accounts without customers’ permission? Take Wells Fargo as an example: Managers were rewarded for the number of accounts they opened and managed.

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