In this episode, I take a deep dive into the culture of the radically decentralised Handelsbanken, with its Global Head of External Affairs, Richard Winder. We talk:

– The story of their transformation in the early 1970s under the incoming CEO Jan Wallander
– How local branches both compete and co-operate
– How a “leftist” mindset has contributed to their success in capitalism
– Their winning formula of high trust and high transparency
– Why Richard’s doing OK without a ‘banker bonus’



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