Washington Mutual

is the United State s biggest savings and loan sleeper and is the bop remaining survivor of the many major Seattle-based banks established preliminary to the 1980s mergers . Despite its name , is no longer a mutual follow and is similarly non a credit junction . It is composed of 2600 offices with its headquarters , WaMu Center , located in Seattle . as vigorous , the sh ares of are publicly traded on the New York furrow ExchangeThe simple activities of admit providing pecuniary services to individual consumers as well as providing pecuniary services to small(a) businesses . These financial services include retail banking business banking , consumer lending , owe lending , actual estate mortgage , credit waggle services , damages services and consumer investment services . The 2600 offices of the contribute as sistance in any collection , if not all , of these given financial servicesEthical Position and PracticesAs is the practice of major unions and associations , b purchase vagabond for itself an ethical code on which its employees could base their transaction with customers as well as with co-workers . This was in line with the association s press out core value of fairness . It is the stand of , based on this value of fairness , that the actions of the association are guided by fair , honest and integrity-driven ethics . In to standardize and tempt official their claim to ethical practices , the association compiled and published a document named the reciprocal cypher of stomach which has been implemented in company dealings ever since the 1900sThe Mutual Code of subscribe to includes different scenarios and cases that could possibly occur during an employee s stay with the association . It too delineates the options of actions and responses that are available to that employee should he or she find himself or h! erself in that particular ethical dilemma . Exceptions are to a fault stated indicating possible ambiguous cases and underlining strict rules by which these designate out be overlooked or excused as not being ethical misconductsOne of the ethical considerations included in the Mutual Code of Conduct are conflicts in disport . The association defines this as a situation wherein the employees interests could possibly keep back him or her from doing his or her work abundanty or when these interests could make do with the dealings of . Thus employees are discouraged from investing in the businesses of their customers . The riddance would be if this business was a public corporation with wide held stock , or if it was a family business of the employee himself or herself and it was almost held covers almost all aspects of the employee s dealings within the company . The Code of Conduct includes aspects of allowable and unallowable acceptance of items of value from clients . This is collect to probable bribery allegations and to policies of maintaining the prestigious reputation of the company . The exact exceptions are also tackled regarding this matterThe Mutual Code of Conduct is so across-the-board that it even includes ethical...If you want to get a full essay, order it on our website: BestEssayCheap.com

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