Banking report: is it a game-changer?
Is the independent report on banking “transformative”? Economics Editor Faisal Islam is not convinced.
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Is the independent report on banking “transformative”? Economics Editor Faisal Islam is not convinced.
Will a report aiming to shake-up the UK banking sector really change anything? Or will banking remain a so-called Inside Job?
A report in the wake of the financial crisis suggests banks ringfence their retail arms and puts pressure on Lloyds to sell more branches. But it’s no banking revolution, Faisal Islam says.
Faisal Islam assesses what the true cost will be if major banking institutions start to flee UK shores.
Sweeping reforms that could break-up Britain’s biggest banks will be the central focus of the banking inquiry in the coming months, the head of the commission said today.
It says a lot, that we have learnt more about what brought down RBS from a US diplomatic cable leaked to an Australian than we have from British probes.
The Bank of England Governor tonight confirmed that Hector Sants, the chief executive of the Financial Services Authority, has been persuaded to stay in office. “I am absolutely delighted that Hector Sants has agreed to remain at the FSA and then move to the Bank to become the first chief executive of the new prudential…
The Bank of England will tonight become the most powerful institution in Britain. To understand what is to happen at tonight’s Mansion House speech, you have to go back a year to last year’s Mansion House event. Then, with the recession and the financial crisis still raging, the Governor of the Bank of England and…
Saudi Arabia has spent hundreds of thousands of pounds paying for British MPs to visit the country.
Gary Gibbon blogs on who the Treasury select committee may want to call to explain themselves.