Tag Archives: banking

Wells Fargo: Culture Eats Strategy (again) and (this time) the CEO

Over the decades organizational culture has devoured hundreds, if not thousands of strategies. One of the most recent examples is the case of Wells Fargo, where culture not only ate a long-standing, apparently successful strategy but last week also consumed … Continue reading

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Tattoos That Fit: Barclays, LIBOR, Culture and Regulation

The questioning of Barclays Bank’s Bob Diamond by the U.K. Parliamentary Committee on the LIBOR rate fixing scandal a couple of weeks ago was riveting. The unflappable Diamond deflected the MPs queries with a practised ease despite mounting evidence of … Continue reading

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