LONDON - With little progress to report in efforts to improve professional conduct at Britain's banks, the body charged with raising standards has suggested that getting a better night's sleep might help bankers behave better.
The BSB said that its fourth annual survey of efforts to improve culture and raise standards of behaviour at banks showed little change in 2019 after a jump in 2017. Results at big banks flatlined in 2019 as they did in 2018, after earlier improvements, while scores for smaller firms had declined over the past few years, the BSB said.
In a sector known for early starts and late nights entertaining clients, nearly 40% of respondents said they slept for six hours or fewer each night, with almost 30% saying they felt tired at work every or almost every day.