Vickers Report: Beyond the ring-fence
Ring-fencing need not hem banks in
The UK's Independent Commission on Banking gives proposals for how banks should ring-fence their businesses, but they have left some room for manoeuvre, and banks must take advantage of this by developing new strategies and looking at different ways to maintain a competitive edge.
Vickers report leaves investment banking shrouded in uncertainty
The proposals by the UK's Independent Commission on Banking are likely to change investment banks’ business models in the country fundamentally. The biggest effect could be to increase their funding costs, which might force more UK companies to turn to bonds instead of loans. But plenty of questions remain unanswered.
Vickers report is harsh but necessary
Bankers have been vocal in their opposition to the recommendations from the Independent Commission on Banking's final report, with some threatening to leave the country if regulation becomes too severe. But in economies where the financial sector has the potential to bankrupt the entire country, regulators are right to protect the economy.