A banking inquiry that failed to examine the banks

Eugene McErlean is an expert on banking and corporate governance and he wonders why the improvements seen in aircraft safety which have resulted from disasters over the last 50 years seem like a distant aspiration when it comes to banking. 

We are all familiar with the critical nature of safety when it comes to airlines. When an aircraft crashes, the news headlines generally cover the detailed search for the indestructible black boxes.

Despite the recent crashes at Malaysian Airlines and Germanwings, air travel has never been safer with aircraft accident rates at historic lows.