General Knowledge · Banking Ethics
An employee's ethical failure to protect proprietary data (e.g., a new lending algorithm or customer strategy) primarily breaches a bank's obligation to which stakeholder group?
- 1The standard consumer base using baseline banking services
- 2Shareholders who rely on proprietary value for financial returns✓
- 3Market competitors seeking strategic data
- 4The financial regulators who oversee operations
Correct answer
Shareholders who rely on proprietary value for financial returns
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