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Thursday 19th January 2012
City Clergy Breakfast
We were privileged to welcome Stuart Popham, Chair of TheCityUK and ViceChair of EMEA Banking at Citi (and formerly senior partner of Clifford Chance) as our speaker at the first of our 2012 City Clergy breakfasts. His topic was 'the social value of financial services' and discussion ranged from the role of financial regulation in creating a more ethical environment to CEO pay vis a vis the thousands of workers employed in financial services who receive neither bonuses nor excessive pay.
Our excellent panel of speakers led a fascinating and thought provoking debate in which all agreed that inequality and exclusion were possible but not inevitable consequences of economic development. They disagreed more on how far inequality was undesirable, and on what policies might be utilised to limit it if it is undesirable.