The identity of the people who run the world's banks is not just a matter for boards and shareholders. The credit crisis has shown that society has a stake in how well finance is run. So it is right that the comings and goings of bank bosses at-rntract lots of attention. That process can look pretty messy-witness the botched succession process at hsbc and the bloodletting at UniCredit. Until, that is, you compare it with finance's other big personnel issue: who runs the regulators.
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