In this podcast, John & Sam exchange perspectives on current events that are impacting our economy and influencing investment strategies. Trading Perspectives is hosted by Oakworth Capital Bank's Chief Economist, John Norris along with Associate Managing Director and Portfolio Manager, Sam Clement.
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Apr 15, 2019
On Wednesday, April 10, 7 CEOs from big banks attended the House Financial Service Committee’s hearing titled “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 Years After the Financial Crisis.” In addition to policy questions, many members of congress took the hearing as an opportunity to ask some hard-hitting questions about political topics such as gun control and climate change. In this episode, John and Sam talk about what is realistic when it comes to the social responsibility of corporations. Does it make sense for a bank to be held accountable for climate change? How will the economy shift if we allow political issues to drive business decisions?