Financial Stability News

Flashing news about financial stability and central banking

Vickers Commission Response: Ring-fencing doesn’t solve the “too-big-to-fail” problem | the new economics foundation

Vickers Commission Response: Ring-fencing doesn’t solve the “too-big-to-fail” problem | the new economics foundation.

NEF (UK think tank) don’t think the IBC report goes far enough. They favor a full split of banking, i.e. narrow banking and an end on fractional reserve banking. For more on their views form an associated academic, you can read their submission to the Vicker’s commision.

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