(FT City Insider) Worshipful bankers receive the [Justin] Welby effect

[At the]International Bankers’ banquet on Wednesday night…the evening’s highlight was the speech by (old Etonian) Archbishop of Canterbury, a former school friend of livery master Mark Seligman. Justin Welby mused that “we all inherit baggage from our predecessors” and reassured the audience: “We [the Church] know more about losing the plot than any of you”. Banks should “change the way they operate and interact.” The impact was immediate. One top banker in the audience, who won a sweepstake on the length of the Archbishop’s speech (16m 21s), was about to pocket the winnings. He then thought better of it. And offered the money to charity.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, --Justin Welby, Archbishop of Canterbury, Corporations/Corporate Life, Economy, England / UK, Ethics / Moral Theology, Religion & Culture, The Banking System/Sector, Theology