UK Banking Lessons Learned ?


After two years of catastrophic bank and insurance failures and bailouts, are financial regulators at long last better prepared for the next big banking collapse? Banks must not be too big to fail, governments across the G20 group of leading nations have promised. So can taxpayers rest easy now, or are they still on the line to cough up the “ransom payment”, as one official closely involved in the US bailouts put it. The World Economic Forum in Davos – packed with regulators, central bankers, and big bank and insurance bosses – is a pretty good place to find the … Continue reading UK Banking Lessons Learned ?