News
Lord Davies says banks must wake up to financial reform
www.telegraph.co.uk
[Telegraph.co.uk] - For bankers observing Mervyn Davies at a City drinks party on Wednesday evening, it felt like old times. Drinks were flowing, business
Lloyds Banking Group on a new course due to competition
www.telegraph.co.uk
[Telegraph.co.uk] - Lord Davies, the trade minister, is said to have turned it down and Sir Win Bischoff, the former Citi chairman, is now the clear front runner. Simon
Shotgun Marriages Raise Risk of New Bank Blowups: Mark Gilbert
www.bloomberg.com
[Bloomberg] - “Overly complex, opaquely priced products got banks into trouble,†Standard Chartered Plc Chief Executive Officer Peter Sands said this week.
Google News: Basel implementation chief: no need for Basel III
[OpRisk and Compliance (subscription)] - Peter Sands, chief executive of Standard Chartered, stressed the need for simplicity in regulation. "Overly complex, opaquely priced products that no-one
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