Most of us first heard this Wall Street term with the Big Bang (1986). Banks and brokers were suddenly allowed to trade for their own profit as well as that of their clients: 'Chinese walls' prevented conflict of interest, keeping the two functions apart. The metaphor first appeared before WW1 - not some flimsy ethical construction but the Great Wall itself: dependable, strong, permanent. As Nixon famously said: 'This is a great wall.' Hard to imagine such enthusiasm for Britain's financial services industry.
You spend enough time doing it, but have you ever thought about how you do...
How to make sure top talent swipes right on your business.
Case study: Rentokil’s smart mouse traps use real-time surveillance, transforming the company’s service offer.
But too often businesses stigmatise it.
"It's more important to make the decision right than make the right decision."