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British Central Banker Favors Splitting Big Banks

New York Times Original article ›

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Bank of England governor Mervyn King sees the need to breakup the biggest banks.

01/28/2008

Volcker in the USA and Mervyn King in England both agree that speculative and utility banking should be separated, and too big to fail banks broken up. Regulation to prevent a future banking crisis they agree is something of an illusion.

Grouped Articles

We’re All Still Hostages to the Big Banks

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BOE's King: Big Banks Should Get Broken Up

Wall Street Journal 10/21/2009

Britain and Its Central Bank Disagree on Banking Laws

New York Times 10/22/2009

Less Talk, More Action Needed by Fed

Wall Street Journal 10/24/2009

Fed's Tarullo Shakes Up Bank Rules

Wall Street Journal 10/26/2009

Moral outrage

Economist 10/26/2009


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