Now that the Vickers Report is out the banks seem to be facing some serious changes in the levels of funding they need in their balance sheet and a ring-fencing of retail operations. However, in my view, this whole thing is a PR scam and will change very little long-term. First off: the ring-fencing doesn’t [...]
Archive for the ‘Tax’ Category
September 12, 2011 by admin · 1 Comment
Filed under: Business, Politics, Tax
Social Tagging: bank firewall • bank ringfence • banking reform • Independent Commission on Banking • vickers report • wunch of bankers
Filed under: Business, Politics, Tax
Social Tagging: bank firewall • bank ringfence • banking reform • Independent Commission on Banking • vickers report • wunch of bankers
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