Culture, Conduct and Ethics in Banking: Principles and Practice

by Fred Bell

Endorsed by the Chartered Banker Institute as core reading for its professional qualifications, Culture, Conduct and Ethics in Banking emphasizes the importance of professionalism for banks, and explores how all staff play a key role in putting customers at the heart of their business.

Taking an applied approach, it aims to develop the reader's capability recognize and contribute towards balanced outcomes for consumers and organizations; understand the impact of reputational deficit; and understand the personal impact of an individual in the workplace.

From a discussion of the main branches of ethical thinking to an overview of regulation and legislation in the UK and internationally, this book covers the theory and practice of conduct and professionalism in banking. Chapters contain activities and industry case studies, and further reading and viewing suggestions are included to help develop a deeper understanding of the topics covered. With fully referenced discussion of conflicts of interest, decision making models, the role of professional bodies, corporate governance, conduct risk management and the Global Financial Crisis 2007-08, Culture, Conduct and Ethics in Banking is the essential guide for finance professionals.

376 pages, Hardcover

Published December 31, 2019

About the author

Dr. Fred Bell was born in Ann Arbor, Michigan on August 10, 1943. Fred’s lineage was science-based and Fred’s father, Allan Bell, was a scientist who worked with the late Henry Ford, Senior. Allan Bell assisted in bringing the London Bridge from England to the middle of the Arizona desert and built a city around it, today called Havasu City.


At age 14-15 Fred studied at the University of Michigan in the Randolph Laboratory (now demolished), where he was mentored by Dr. Donald L. Katz, a physicist brought to the United States of America from Germany after World War II as part of Operation Paperclip, who later won 24 national and international awards. While working for Dr. Katz in the Randolph Laboratory, Fred Bell worked on a magnetic disintegration project (later known as the Philadelphia Experiment), a high temperature fusion experiment, bubble project (later known as Cold Fusion), and shockwave experimentation that led to the classification of high altitude nuclear blasts, nuclear explosions over water, underground nuclear blasts, and nuclear explosions at ground level. One included the latter part of the Manhattan Project (in the late 1950s).


In addition, Fred Bell worked with the University of Michigan's Cyclotron, doing experiments with the bombardment of nuclear particles and their collisions involving reverse time—as observed in a Wilson Cloud Chamber. As a result of this, Dr. Bell built the world’s first time machine, called the T-1 Time Travel Transposer, that allows time travel into the future, in increments of microseconds.


At age 16 and younger, Fred went by the name "Bill", short for his middle name, William. In 1960 Fred enlisted in the U.S. Air Force, where he worked on highly classified projects including early warning radar defense systems. The sister SAGE site to Dr. Bell’s was later known as “Montauk”.


Fred was one of the first to bring public awareness of the famed DDS Form 332, which was used by the U.S. military to report to higher command about any unidentified aircraft activities (unidentified flying objects). Once such a report was processed in a strategic air command center (SAC), a computerized profile was run on the sighting and a determination was made whether to scramble fighter aircraft for international defense.


At 18, Fred worked in the private defense sector with companies such as North American Aviation, Autonetic, and Rocketdyne, on projects such as Star Wars (military version), laser development, Saturn Rocket second stage development, the Eyelass Project (a subdivision of Star Wars where a laser beam is fired to Earth from satellites), submarine and missile guidance systems, and finally, the lunar lander project known as the Apollo missions.


In 1967 Fred left his NASA-related position and worked in the private sector for 7-8 years, consulting companies, government agencies, defense contractors, chemical companies, hospitals, schools, colleges and mental institutions, on topics such as: computer science, biological science, medical science, environmental testing, quality control, weaponry, aircraft research, advanced propulsion technologies, and a variety of other technical issues.


Next he left the defense sector, studied Eastern philosophy, and trained with Himalayan teachers. He became a practicing chiropractor and naturopath after receiving his Ph.D in Homeopathic Medicine. He began lecturing with the National Health Federation worldwide. He continued working as a scientist, studying quantum mechanics, quantum physics and quantum biology. Knowing about technologies and corporate and government actions that are detrimental to the human body, Dr. Bell began looking at ways to protect human beings.


For this reason in 1975 Dr. Fred Bell founded his company, Pyradyne. He invented and patented the famed first wearable original Nuclear Receptor seen below—a miniature satellite dish worn as a pendant on a necklace. The Nuclear Receptor utilizes te