The U.K.'s Parliamentary Commission on Banking Standards will reportedly debate a 600-page...


The U.K.'s Parliamentary Commission on Banking Standards will reportedly debate a 600-page report that it has put  together tomorrow and on Tuesday, with probable topics of discussion including splitting RBS (RBS) up into "good" and "bad" banks, a lack of competition, excessive pay and inadequate regulation. One of the problems, says an official, is that the banks are too big and complex for effective governance.

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Comments (4)
  • stocknerd
    , contributor
    Comments (1503) | Send Message
     
    All regulations are not bad. I know the "free enterprise" zealots just think that no regulations and paying no taxes is the only way. Of course they are naive and wrong. The "good bank, bad bank" was used by Ireland with IRE. So far it has worked. It is a quick fix. It has kept the wolf away from selling off all the bad loans and driving down the value of houses. In case you don't know there are NO deals on any houses I could find to buy. I believe the time to buy SAN is when the poop hits the fan and the bank is forced to acknowledge and write off its bad loans and raise money to compensate.
    9 Jun 2013, 09:26 AM Reply Like
  • gilgi
    , contributor
    Comments (18) | Send Message
     
    What is the connection of SAN and RBS...sorry I am naive about this?
    9 Jun 2013, 12:51 PM Reply Like
  • Tufenk
    , contributor
    Comments (935) | Send Message
     
    $SANS_p.L $SAN
    http://reut.rs/14O0KYn?
    "The commission's final proposals will suggest there is not enough competition within the industry, the sources said, and that Britain's major banks are still not adequately regulated.
    10 Jun 2013, 03:18 AM Reply Like
  • apppp
    , contributor
    Comments (359) | Send Message
     
    This is a silly idea the bad bank would have everything.
    9 Jun 2013, 04:59 PM Reply Like
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