NEW YORK (Reuters) - The global financial crisis led to tighter regulation of the banking industry's excesses, but a top British banker says it had a more important result: greater emphasis on social responsibility.
Barclays President Robert Diamond told the Clinton Global Initiative philanthropy meeting on Wednesday that "strong banks want strong regulation" because they suffered in the crisis from being put in the same basket as failed banks.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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