[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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(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.
Read it all.