Bankers who take unacceptable risks or mis-sell products to customers should be barred, Labour leader Ed Miliband said.
Speaking to the Sunday Times, he demanded tough new rules allowing regulators to "strike off" reckless bankers in the same way as negligent midwives and doctors. Miliband said: "Banking should be a trusted profession. Other professions - such as medicine and the law - have codes of conduct and disciplinary rules. "Bankers should be held to account to ensure they act with integrity, in the best interests of their customers, and in the best interests of the wider public." His call comes ahead of today's publication of the Independent Commission on Banking's (ICB) final report which w...
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