Banking and Universities: Sectors Serving the System

Written by Professor Gloria Moss PhD; FCIPD

You might have thought that the banking and university sectors were worlds apart but both are in engulfed in existential turmoil.  Banks exist, according to the UK’s Bank of England, to ‘work with money: looking after it, lending it, and helping you pay for things’;  while universities, according to the seventh President of Chicago University, George Beadle, are there to ‘search for truth’.  Unfortunately, these objectives are severely compromised in today’s banks and universities.

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