But it has suddenly seen its reputation erode in the three months since the trading scandal was disclosed.
Kidder, Peabody was later involved in a trading scandal related to false profits booked over the course of 1990-1994.
Not all religious leaders considered the trading scandal a source for alarm or found in it a plea for ethical guidance.
Sumitomo said today that its losses still totaled about $1.8 billion, despite a sharp fall in copper prices since the trading scandal earlier this month.
The move came in response to the trading scandal at Salomon Brothers.
It is worth noting that there have been no trading scandals comparable to the one that brought change to Nasdaq.
A definition has been deemed crucial because of the recent insider trading scandals on Wall Street.
Since the trading scandals, many fund companies have installed independent chairmen.
Allied Irish said their departures were unrelated to the trading scandal.
Nor did they seem fazed by news of industry reform, stemming from the mutual fund trading scandals that began last year.