Gosling's Grouse: Putting your money where your mouth is

There has been much talk post-Lehmans about restoring trust in the industry, but, when you hear that, people are largely referring to the wider financial services industry.

It is attempting to restore trust because of the activities of the UK’s high street banks over PPI, interest rate swaps or the recent allegations against RBS about closing down profitable businesses. It could also refer to the activities of global investment banks which packaged up sub-prime mortgages, or the losses incurred by prop desks. They could be accusations over insider trading by a small number of hedgies. All of these combine to give the impression customers cannot trust the financial services industry. I think they can, which is why 11 years ago Investment Week’s parent ...