Stuart Mackintosh, Executive Director of the Group of Thirty

This essay is being published from the New York Fed by a guest writer as part of Reforming Culture and Behavior in the Financial Services Industry: Progress, Challenges, and the Next Generation of Leaders. The views of the author are his own and are offered by the New York Fed to contribute to discussions on this topic.

Will Bousquette, Managing Director at Goldman Sachs, and Scott DeRue, Dean of the Ross School of Business at the University of Michigan

This essay is being published from the New York Fed by guest writers as part of Reforming Culture and Behavior in the Financial Services Industry: Progress, Challenges, and the Next Generation of Leaders. The views of the authors are their own and are offered by the New York Fed to contribute to discussions on this topic.

Sir David Walker, Chairman of Winton Capital Management and Emeritus Member of the Group of Thirty

This essay is being published from the New York Fed by a guest writer as part of Reforming Culture and Behavior in the Financial Services Industry: Progress, Challenges, and the Next Generation of Leaders. The views of the author are his own and are offered by the New York Fed to contribute to discussions on this topic.

Elizabeth Arzadon, Founder and Managing Director of Kiel Advisory Group and former Special Advisor at the Australian Prudential Regulation Authority

This essay is being published from the New York Fed by a guest writer as part of Reforming Culture and Behavior in the Financial Services Industry: Progress, Challenges, and the Next Generation of Leaders. The views of the author are her own and are offered by the New York Fed to contribute to discussions on this topic.

Alison Cottrell, CEO, Banking Standards Board

This essay is being published from the New York Fed by a guest writer as part of Reforming Culture and Behavior in the Financial Services Industry: Progress, Challenges, and the Next Generation of Leaders. The views of the author are her own and are offered by the New York Fed to contribute to discussions on this topic.

Kevin Stiroh, EVP and Head of Supervision

When we hosted our first conference on reforming culture and behavior in the financial services industry in 2014, significant dialogue around misconduct risk, culture, and supervision didn’t exist. Now, as we prepare to host our fourth event on the topic on June 18, supervision is an accepted and critical part of the global conversation on cultural reform in finance.

Brian Manning, Media Relations Associate, Communications and Outreach

On June 18, the New York Fed will host its fourth conference focused on reforming culture and behavior in the financial services industry. Speakers and panelists will look at progress to date and the challenges ahead, building on the conversation that started with our first event in 2014.

Michael Held, Executive Vice President and General Counsel

Earlier this week, New York Fed President Bill Dudley participated in a panel discussion on culture and conduct in the financial services industry. This conversation should serve to remind us that while the industry has made progress on the issue, significant work still remains to promote accountability, ethical conduct, and open dialogue and diversity of thought. As we continue to consider these questions, I thought I’d share my perspective on how lawyers can play a critical role in shaping an institution’s culture.

William C. Dudley, President

A few weeks ago, we held our third conference at the New York Fed on reforming culture in financial services. Leading up to the conference, we shared some of what our moderators and participants were hoping to discuss throughout the day. Now that the conference is over, I wanted to take a few moments to discuss some of what we heard.

Remarks as delivered by the Hon. Preet Bharara, United States Attorney, Southern District of New York

This is being published from the New York Fed by a guest writer as part of Reforming Culture and Behavior in the Financial Services Industry: Expanding the Dialogue. The views of the author are his own and are offered by the New York Fed to contribute to discussions on this topic.