This timely speech rightly recognises that some banks may have lost sight of their core values and is a thoughtful assessment of the critical steps that need to be taken to restore confidence in the banking system.
A healthy and respected banking system is essential to support economic growth. Businesses want banks to provide transparent and straight-forward products and services, and a culture that is built around the customer.
We all want to see our banks re-build public trust, re-define their core values and live by them, as the best banks do.
More top news
Paranoid schizophrenic Jeffrey Barry stabbed Kamil Ahmad before removing his penis in the attack at his flat in Bristol last year.
The latest addition to the royal family will be a younger brother or sister for Prince George and Princess Charlotte.
The Duchess of Cambridge, who is pregnant with the couple’s third child, will stay at home while William visits Finland for a two day tour.