Vickers Report: Beyond the ring-fence

BKR ring-fence teaser

Sir John Vickers
From Reports / Special Reports / Vickers Report: Beyond the ring-fence

Vickers reforms force radical overhaul of UK banking

The UK government is expected to announce this month that it will implement in full the far-reaching reforms proposed by the Independent Commission on Banking. What will this mean for the UK banking sector?

Ring-fence report cover
From Reports / Special Reports / Vickers Report: Beyond the ring-fence

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.

Ring-fence report cover
From Reports / Special Reports / 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.

ICS's report
From Reports / Special Reports / Vickers Report: Beyond the ring-fence

Early planners will reap ICB reform rewards

New rules proposed by the UK's Independent Commission on Banking are set to shape the future of the country's banks. But despite significant residual uncertainty about what the changes will look like, the industry still needs to act.

Ring-fence report cover
From Reports / Special Reports / Vickers Report: Beyond the ring-fence

Vickers gives bank treasurers a splitting headache

Some UK bankers are warning that ring-fencing deposits in the largest banks will drive up capital and funding costs. However, there are those, including some major investors, who claim that the opposite may turn out to be true.

From Reports / Special Reports / Vickers Report: Beyond the ring-fence

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.