Commission on Banking Standards Threatens Forced Bank Break-Ups

The FT reports this morning that the Parliamentary Commission on Banking Standards may recommend that UK banks which fail to comply with the Vickers proposals are subject to a complete separation of retail and investment banking activities.  It also seems increasingly likely that banks will be subject to frequent checks as to their compliance with the ringfencing requirements of Vickers.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s