When you think of ‘moral puritanism’ and ‘virtue’ the banking sector sits somewhere near lawyers, stockbrokers, and used car salesmen.
Currently, it is Pride Month and banks everywhere have rainbow-washed their logos to show how tolerant and inclusive they are. PayPal may be the most painful, with their logo super-imposed over a rainbow flag and ‘open for all’ printed in coloured letters while Visa went with ‘love lifts everyone, everywhere’.
People don’t go to banks for a lesson in ethics and – until very recently – banks were heavily regulated to ensure...
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