Sants pressures King to go easy on the banks

High up sources in the FSA say soon-to-be deputy Governor of the Bank Sants is worried after a slew of outspoken comments about the banking sector from King, according to reports. In the past few weeks, King has told reporter and MPs he is "surprised" the public are not angrier than they are with the banking sector. He has criticised Britain's bank bonus culture, promised to crackdown on financial institutions making money out of "gullible" customers, and accused the sector of only being concerned with profits. A source close to Sants at the FSA says King's comments directly contra...