Five years on, there is still plenty of public resentment for the lack of visible enforcement actions dating back to the crisis. But lately, U.S. regulators have been flexing their muscles with a more pointed and aggressive approach to finding and punishing miscreants.
To build an enduring investment business takes more than brains and toughness. Success starts with values that clients care about most -- starting with trust.
Markets around the world are beginning to recover from the financial crisis, for which we can all be thankful, but now is not the time to count our bonuses and pat ourselves on the back.