The Jones Bank Ltd has two departments.
a) a pension fund department, which invests money on behalf of clients and customers, by investing in bonds, shares and so on.
b) a merchant bank department, one of whose clients is the prestigious and dynamic Sampson and Brown Ltd, which is to offer a new tranche of shares to the investment community.
Required: Identify the potential conflict of interest.
DISCUSSION In times of recession, it is the banks who ultimately decide whether a particular business survives or fails. There is a widespread view that banks should support small businesses come what may, as not to do so would be socially irresponsible. Give reasons for and against this view
Guidelines
Your response should be between 500-600 words .Please review Unit material and conduct further academic research when making your post and also when commenting/responding to questions .
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