Fairness in banking: heads they win, tails we lose
OPINION: The former managing director of Nikko AM recently learned of a small clause in the bowels of his mortgage lending documentation that he thought manifestly unfair.
George CarterSun, 02 Jul 2023
The concept of fairness is one we all intuitively desire; we use phrases such as a ‘level playing field’ or ‘give and take’. We desire for rules and systems to be designed fairly and to not be structurally biased in favour of one person or another.
