Banks often claim that credit quality is their highest priority. Yet pressure for earnings in a highly competitive environment often result in Corporate priorities being relaxed. A clear example was the off-balance sheet transactions that were thriving just before the global financial crisis. Consider the Global Financial Crisis and the introduction of various risky asset backed securities and the creation of entities to handle off-balance sheet transactions that resulted in insolvency for many financial entities. Discuss how a Bank with a values-driven culture would have coped during this period. Would a Bank with an Unfocused culture have survived? In your discussion you must justify your arguments with clear explanations referring to both Securitisation and Corporate Culture.