27four Investment Managers
23rd October 2013
Transformation slow in financial services
Ever since the financial crisis of 2008, bankers have entrenched their image as greedy sleazeballs who will cross any ethical line to milk clients out of their last cent.
Author Mark Twain put it best when he said: “A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.”
In South Africa, bankers are seen as conservative and are routinely criticised by entrepreneurs and unions as being an impediment to development.
But according to Tryphosa Ramano, president of the Association of Black Securities and Investment Professionals (Absip), too often in that picture the banker is male and white.
Read the full article on fin24 HERE.