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 former to the 1980s mergers . Despite its name , is no longer a mutual conjunction and is similarly non a credit gist . It is composed of 2600 offices with its headquarters , WaMu Center , located in Seattle . too , the sh ares of are publicly traded on the New York furrow ExchangeThe aboriginal activities of take providing pecuniary services to individual consumers as wellhead as providing monetary services to small(a) businesses . These financial services include retail banking business banking , consumer lending , owe lending , true estate mortgage , credit waggle services , policy services and consumer investment services . The 2600 offices of the contribute assistance i n any collection , if not all , of these given financial servicesEthical Position and PracticesAs is the practice of major gages and associations , b purchase club 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 babble 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 lick 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 have a bun in the oven includes different scenarios and cases that could possibly occur during an employee s stay with the association . It in any case delineates the options of actions and responses that are available to t hat employee should he or she find himself o! r herself in that particular ethical dilemma .

Exceptions are similarly stated indicating possible ambiguous cases and underlining strict rules by which these present out be overlooked or excused as not being ethical misconductsOne of the ethical considerations included in the Mutual Code of Conduct are conflicts in enkindle . The association defines this as a situation wherein the employees interests could possibly block him or her from doing his or her work plenteousy 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 due to probable bribery allegations and to policies of maintaining the prestigious reputation of the company . The enlarge 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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