Banks are increasingly feeling the heat from the regulator to ensure a risk culture is increasingly taking a firm hold. This can be seen in the UK Senior Person's Regime guidelines, OCC views in the US, and Basel's most recent governance proposals.
The WSJ has just put out an article on banking risk culture that you may want to check out. Entitled "What banks are doing to improve thier culture" by Emily Glazer, it provides a growing body of evidence that banks are putting into place to fortify their attempts to improve risk culture. Beyond memos from the C-suite, it goes farther and includes participation of its "control officer and heads of diversity, administrative and corporate strategy. It emphasizes employees also sign its “How We Do Business Wall" in its HQ. Citi, for its part, has created committees involved in business approvals with a focus on risk culture and ethics. Lastly, Wells Fargo continues to make such commitment to risk culture its number one priority.
Check out the WSJ article at http://blogs.wsj.com/moneybeat/2015/02/02/what-banks-are-doing-to-improve-their-culture/.
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