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Bankers Quote by Charles Duhigg

“Research suggests that investment bankers are more prone to commit fraud when they feel the competitor at their heels.” quote by Charles Duhigg
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“Research suggests that investment bankers are more prone to commit fraud when they feel the competitor at their heels.”

Charles Duhigg

About This Quote

Source Article: Harvard Business Review, 2017

Competitive pressure can increase fraud risk among investment bankers, highlighting ethical vulnerability.

In simple terms: Pressure can trigger fraud.

Key Takeaway

Implement strong ethical safeguards under pressure.

Themes

ethics competition fraud finance

Mood

analytical concerned

Type

business educational

When to use this quote

  • trading floors
  • investment banking
  • regulatory audits

Key Concepts

behavioral economics risk management

Questions to Reflect On

  • How can firms reduce competitive pressure?
  • What safeguards deter fraud?
A Different Perspective

Pressure alone doesn't cause fraud; culture matters.

2.2 out of 5 (6 ratings)

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