Putting in place an effective bank resolution regime as well as eliminating regulatory arbitrage are two of the steps needed to solve the ‘too big to fail’ problem in the financial services sector, according to the former chief executive of Barclays Bank, Bob Diamond.
Tue, 17 Sep, 2013
The head of the UK body set up to introduce reforms in the wake of the financial crisis has recommended that all banks should be forced to carry core tier one equity capital of 20% compared with 10% under existing guidelines.
Tue, 10 Sep, 2013
BANKS may save about £10 billion (€11.38bn) in capital and other costs under proposals being considered by the Britain’s Independent Commission on Banking aimed at securing the financia lsystem against the collapse of a single lender, a person with knowledge of the plans said.
Sat, 02 Apr, 2011