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The approach to banking and financial regulation of the new Cameron coalition government in Britain.

05/13/2010

Both Liberals and Conservatives in the U.K. agree on a levy on the banks to raise 1 billion pounds. Liberal's Cable is the new Business Secretary and he favors shrinking the large banks and reducing systemic risk, and a separation of retail and investment banking activities. The Financial Services Authority will continue to operate and examine banks, the Bank of England will oversee systemic risk and regulation of banks.

Grouped Articles

British Treasury Targets Banks to Increase Tax Revenue

New York Times 12/04/2014

David Cameron Leads a Call to Thwart Financial Corruption

New York Times 05/12/2016

Good news, for hobbits

Economist 05/13/2010

A Crisis of Faith in Mervyn King, Britain's Central Banker

New York Times 02/06/2011

British banks: Vickers in a twist

Economist 01/29/2011

British Bank Proposal Expected to Include Stiff Rules

New York Times 04/07/2011


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