Bank Notes

Federal Reserve Bank of New York
  • 4.9 (17)
  • BUSINESS
Bank Notes

Bank Notes takes listeners deeper into insights and analysis from the New York Fed, told series by series.

  1. Taking Stock: Reflections and Insights on Culture in Financial Services with Toni Dechario and Tom Noone

    OCT 22

    Taking Stock: Reflections and Insights on Culture in Financial Services with Toni Dechario and Tom Noone

    In this episode, series host Toni Dechario is joined by her Culture initiative colleague Tom Noone. Together, they reflect on how approaches to culture and governance in financial services have shifted over the last decade and highlight key moments from the 2024 annual New York Fed culture conference.  To learn more about the New York Fed’s Governance and Culture Reform Initiative, visit the website for additional resources related to the study of conduct and culture in the financial services industry.

    44 min
  2. Culture, Compliance, and Lessons Learned from FIFA with Evan Norris

    OCT 22

    Culture, Compliance, and Lessons Learned from FIFA with Evan Norris

    Former prosecutor for the Eastern District of New York Evan Norris discusses the FIFA corruption scandal and why his past cases carry lessons for the financial services industry. In this episode he discusses building cultures of strong compliance, and how misconduct can be harnessed as an opportunity for broad-based learning and meaningful improvement.   To learn more about the New York Fed’s Governance and Culture Reform Initiative, visit the website for additional resources related to the study of conduct and culture in the financial services industry.

    46 min
  3. The Fraudster, the Whistleblower, and the Bystander with Kelly Richmond Pope

    OCT 22

    The Fraudster, the Whistleblower, and the Bystander with Kelly Richmond Pope

    Forensic accounting professor and fraud detective Kelly Richmond Pope describes why and how fraud occurs. In this episode she highlights the importance of clear incentives and discusses her interactive online games designed to help users understand the drivers of fraud and whistleblowing.  To learn more about the New York Fed’s Governance and Culture Reform Initiative, visit the website for additional resources related to the study of conduct and culture in the financial services industry.

    47 min
  4. What Makes a Banker? Cultivating Accountability through Shared Identity with Joe McGrath & Ciaran Walker

    OCT 22

    What Makes a Banker? Cultivating Accountability through Shared Identity with Joe McGrath & Ciaran Walker

    Joe McGrath and Ciaran Walker, co-authors of the New Accountability in Financial Services, offer recommendations for promoting accountability through professionalization and the adoption of shared industry norms. In this episode they discuss the role of shared professional identities, moral anchors, and other mechanisms organizations can use to foster individual and group-based accountability.  To learn more about the New York Fed’s Governance and Culture Reform Initiative, visit the website for additional resources related to the study of conduct and culture in the financial services industry.

    43 min

  5. MAY 22

    Veterans in the Labor Force

    Veterans are 22% more likely to be out of the labor force than comparable nonveterans, according to New York Fed research from May 2023.  In this episode, experts working across the military-connected population speak to the reasons behind the participation gap, also debunking some of the most widely held misperceptions surrounding career paths within the military and the outcomes and experiences of military service. Additionally, they introduce listeners to educational and vocational opportunities unique to veterans and military families, and new research from the New York Fed points to developments from the past year.  Information and resources from the episode can be found at nyfed.org/podcast.

    30 min
  6. When Mistakes Are Inevitable, But Not an Option with Preston Cline

    12/05/2023

    When Mistakes Are Inevitable, But Not an Option with Preston Cline

    In a high stakes environment where mistakes can be catastrophic, how can an organization plan for human error? When does shared expertise within a group prove most valuable, and when might it make more sense to foster cognitive diversity? Why do some after-action reviews successfully establish a consensus-driven vision forward, while others stir up feelings of shame, blame, and guilt? In this episode, Preston B. Cline, co-founder and Director of Research at the Mission Critical Team Institute, shares observations and best practices from working with teams in immersive, all-consuming environments where the margin for error is near zero.

    52 min
  7. How to Fix What’s Not (Yet) Broken with Michael Hallsworth & Scott Young

    12/05/2023

    How to Fix What’s Not (Yet) Broken with Michael Hallsworth & Scott Young

    In this episode, behavioral science experts Michael Hallsworth and Scott Young of The Behavioural Insights Team discuss why it’s important for organizations to examine their operational frameworks and systems, in order to better assess how established processes and environments may be impacting the work of their employees. They also share recommendations for reducing overconfidence bias, overcoming entrenched ways of thinking, and fostering a culture of transparency.

    44 min
  8. If No One Listens, No One Speaks with Wieke Scholten

    12/05/2023

    If No One Listens, No One Speaks with Wieke Scholten

    How can organizations avoid reinforcing mistakes or bad behavior? Why is it crucial for upper management to understand the daily realities and social norms at a localized, team-by-team level? And how might removing the pressure surrounding results actually lead to better outcomes, including meaningful systemic improvements? In this episode, behavioral risk expert Wieke Scholten walks us through the ins-and-outs of turning negative events into positive opportunities for learning.

    36 min
See All (27)

Trailer

Ratings & Reviews

4.9
out of 5
17 Ratings

About

Bank Notes takes listeners deeper into insights and analysis from the New York Fed, told series by series.

Information

  • Creator
    Federal Reserve Bank of New York
  • Years Active
    2019 - 2024
  • Episodes
    27
  • Rating
    Clean
  • Show Website
    Bank Notes

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