The impact of L&D on Regulatory Compliance within Investment Banking - A Study on Barclays Bank

Recently, the financial crises have resulted in the momentous pressure on the financial institutions. Investment banks are mainly responsible of client servicing that involves assisting the clients in raising the equity by controlling the investments, rising, mergers, shares, and acquisitions. Barclays Bank is the leading multinational bank with the operations in investment bank. The investment section of the Barclays Banks deals with highly sensitive and confidential information. Therefore, it is highly imperative for the Barclays Bank to adhere with certain rules and regulations that have been devised by the local and international regulatory bodies. On the other hand, non-compliance with these regulations can negatively impact the trustworthiness in the banks. For paradigm, the non-compliance can result in heavy penalties. It has been noted that lack of awareness among the employees regarding the regulatory requirements result in practices of non-compliance. Learning and Development programs are found to have a significant impact on the understanding of the employees. L&D programs enrich the understanding of the employees and organizations.