News Analysis: High Integrity Is Required Of Bankers; Guile is not, nor is Financial Self-Interest. Unfortunately, in many countries Bankers appear to forget that the Monies they Place with Others belong to Bank Depositors, NOT Themselves. As they seek out “Higher Financial Returns” they often by-pass Legalities in their Countries’ Banking Laws; the Personal Economic Gain becomes an Opiate for them.
As with ALL Financial Transactions the Public needs to learn the Wisdom of the simple Axiom: “Trust, But Verify”. A Banker is NOT Someone who is Innately Born with Honesty, High Integrity, and Wisdom. But ALL Bankers are in Money Environments to which their Weaker Brethren may succumb to Financial Temptations (at an Expense to Bank Depositors); even in Austria. Reality.
Reference: http://tinyurl.com/k5rprzq