Image by Pavel Ko via FlickrWith below-average sustainability ratings, the two major Swiss banks, UBS and Credit Suisse, no longer qualify for inclusion in the sustainable investment universe.
The public image of banks has slumped to a record low. But despite all the criticism, banks play a pivotal role in managing the money flows that keep the wheels of the economy turning. It is crucial for the future of the industry that banks manage to exercise this function with more sustainable business models.
