The Federal Reserve Bank of New York said recently it would hold a “workshop on bank ethics and culture” in the autumn. It is stepping up pressure on banks to exercise better leadership to prevent abusive conduct, which still seems prevalent in some institutions long after the lessons of 2008 should have been absorbed.

Rigging of Libor and foreign exchange markets, allegations of efforts to aid clients to evade US taxes and conflicts of interest and inadequate disclosure related to dark pools operated by banks are among recent events to upset regulators.