Daily BriefsESG

Daily Brief ESG: Yet Another Instance of Toxic Work Culture in Private Sector Banks and more

In today’s briefing:

  • Yet Another Instance of Toxic Work Culture in Private Sector Banks


Yet Another Instance of Toxic Work Culture in Private Sector Banks

By Hemindra Hazari

  • Obnoxious video of bank official abusing staff for not meeting unrealistic sales targets
  • Issue is widely prevalent in the private sector financial system demonstrating poor leadership, communicational and motivational training
  • Setting aggressive sales target results in mis-selling, undermines confidence in the financial system and regulatory intervention may impact profitability.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars