Lord Myners, the City minister, has called for an independent review into the investment banking industry which has "permeated so many corners of society".
The Financial Services Secretary also called for an end to the "greed is good" culture that has spread through the "inherently dangerous" banking industry, writes the Telegraph. In an article for the Guardian he writes: "Investment banking has spread into everything we do in business. Company executives spend more and more time with investment bankers. We need to re-examine an economic model that seems to work much better for investment banks than for businesses and workers. "I think this is a suitable subject for a major independent review after the election into how investment ...
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