Monday, April 20, 2020

British banking is failing the UK yet again, aided and abetted by a Chancellor who shares its mentality

The FT noted yesterday that: Britain’s chief financial regulator has said the coronavirus pandemic is posing the first serious test of Company banking rules introduced after the financial crisis — but admitted that his ability to take action over lenders’ behaviour remained “limited”. Chris Woolard, interim chief executive of the Financial Conduct Authority, said he was […]

source https://thebtrader.com/2020/04/21/british-banking-is-failing-the-uk-yet-again-aided-and-abetted-by-a-chancellor-who-shares-its-mentality/?utm_source=rss&utm_medium=rss&utm_campaign=british-banking-is-failing-the-uk-yet-again-aided-and-abetted-by-a-chancellor-who-shares-its-mentality

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