The event at Canary Wharf will feature speakers from the bank, former winners of the Robin Cosgrove Prize, and its organisers, including Dr Carol Cosgrove-Sacks (the mother of Robin and director of the Prize). Also speaking will be Stephen Harris, publisher of WealthBriefing and chair of the prize promotion group.

“Responsible finance is a core part of Citi’s broader transformation over the last three years. Our priority in restructuring the company has been to get back to the basics of banking - serving the real economy,” Citi said in a statement.

“Our commitment to responsible finance and to the basics of banking means supporting projects that serve the public good. This is why we’re a proud supporter of the Ethics in Finance Robin Cosgrove Prize, which is encouraging young people to think critically about some of the most pressing issues facing the financial services sector today.”

“I very much appreciate Citi’s support for the fresh ideas in the book because they are very relevant to raising awareness of these issues in light of the current crisis in the financial sector,” said Dr Cosgrove-Sacks.