Bring competition back to banking

posted by
March 11, 2013
Adam Smith Institute
by Dr. Eamonn Butler  
Posted in Commentary

"The Parliamentary Commission on Banking Standards, headed by Andrew Tyrie, wants to electrify the proposed ring fence between retail and investment banking. Regulators should be able to force a complete split of retail and investment banking operations if a bank tries to resist the ring-fencing rules, it says.
We need smaller banks and more competition in banking, yes. But this proposal is a bad idea." (03/11/13)  

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