Commentary: Greater transparency should be key for banks

06/19/2008 | Financial Times (free content)

Eric Knight, chief investment officer and co-founder of Knight Vinke Asset Management, writes that regulation of the financial industry probably contributed to the ongoing crisis and must be better understood. Knight offers a three-pronged approach involving banker compensation, improved transparency and share prices that reflect how well a bank performs. He argues that banks with greater transparency should ultimately reap the rewards.

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