FT.com / Capital Markets – Bank pushed to step up QE
byVia FT.com / Capital Markets – Bank pushed to step up QE: The Bank of England reached a milestone this week. Its purchases of…
Banking
FT.com / UK – Bank profits were due to ‘luck, not skill’
by Steve BakerVia FT.com / UK – Bank profits were due to ‘luck, not skill’: The superior performance of the financial services sector in the years leading…
The Earl of Caithness: “The Banking Bill fails to address the fault which has led to every major banking and currency crisis during the past 200 years”
by Steve BakerVia Lords Hansard text for 5 Feb 200905 Feb 2009 (pt 0003): My Lords, the Banking Bill which we are currently discussing in the…
China’s banks are an accident waiting to happen to every one of us – Telegraph
by Steve BakerVia China’s banks are an accident waiting to happen to every one of us – Telegraph: China’s banks are veering out of control. The…
British banks highly vulnerable to future shocks, Bank of England warns – Telegraph
by Steve BakerVia British banks highly vulnerable to future shocks, Bank of England warns – Telegraph: Britain’s banks remain over-indebted, highly vulnerable and harbour growing funding…
Martin Wolf – Reform of regulation has to start by altering incentives
by Steve BakerVia FT.com / Columnists / Martin Wolf – Reform of regulation has to start by altering incentives: At the heart of the financial industry are…
Mervyn King – change to the structure, regulation and culture of our banking system is necessary
by Steve BakerVia Speech by MERVYN KING GOVERNOR OF THE BANK OF ENGLAND: We need to reflect more deeply on the nature of the failures before designing a…
A Banking System We Can Trust – Forbes.com
by Steve BakerVia A Banking System We Can Trust – Forbes.com: Turn all financial firms into mutual funds. Before throwing more money at Wall Street, let’s…
US Economy: Even Hank Paulson’s bail-out plan cannot detox global banking – Telegraph
by Steve BakerVia US Economy: Even Hank Paulson’s bail-out plan cannot detox global banking – Telegraph: Even if Congress backs the Paulson bail-out, the $700 billion blast…