Saturday | 20 Jul 2024


The Conduct Costs Project started at the London School of Economics in 2012 and, in 2014, migrated to the CCP Research Foundation.  The Foundation, through the Project, has published detailed data on the conduct costs of 20 international banks for the period 2008-2016.

In May 2019, the Project transferred to the Centre for Banking Research at the Business School (formerly Cass), City, University of London, which will continue the research and its publication. Find out more about the Centre for Banking Research.

The Centre for Banking Research at the Business School (CBR) is a partner of the Euro-Mediterranean Economists Association (EMEA).


Banks’ conduct costs in the post-crisis era continue to be a matter for concern, and they remain even more relevant in the current Covid-19 crisis, as they indicate how successful banks have been in restructuring their culture, articulating the desired culture, and maintaining their cultural vision.

The Centre for Banking Research (CBR) Conduct Costs Project is co-funded by the Euro-Mediterranean Economists Association (EMEA), and it aims to foster transparency in financial activity and to deliver a category of benchmarking, which comprises the level of conduct costs and the conduct risk of the banks, as an analytical tool for the banks and their stakeholders.

The Project also provides valuable insight into banks’ culture, conduct, competence, and regulatory risks. The use of clear and publicly available metrics for banks’ conduct costs is an important step forward to ensure the trustworthiness of the banking sector, and it is paramount to foster an ethical culture in financial firms.

CBR Conduct Cost Project Report

This report discusses the financial consequences of bank misconduct for twenty of the world’s leading banks, from January 2008 to December 2018.

Link to CBR Conduct Cost Project Report

Link to CBR Conduct Costs Project page