Banks safety plans 'do not go far enough' - reports

clock

The man in charge of ensuring Britain's financial stability has warned MPs current plans to make banks safer do not go far enough, the Independent reports.

Bank of England executive director for financial stability Andrew Haldane said banks should be threatened with compulsory break up to force their compliance. He made the comments to MPs running ...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

SIF 2022: How to invest in biodiversity

SIF 2022: How to invest in biodiversity

Biodiversity panel

clock 04 August 2022 • 6 min read
Partner insight: Portfolio managers have always invested sustainably, it just wasn't labelled

Partner insight: Portfolio managers have always invested sustainably, it just wasn't labelled

Many of the underlying principles of sustainable investing have been familiar for years, says Caroline Shaw

Fidelity International
clock 01 August 2022 • 1 min read
Partner insight: Which is better for multi-asset - active or passive?

Partner insight: Which is better for multi-asset - active or passive?

Passive funds have outperformed over the past 10 years but may not do so forever, says Henk-Jan Rikkerink

Fidelity International
clock 28 July 2022 • 1 min read