Those expecting thoughtful banking regulatory reform in the U.K. are given a shudder as a...

|By:, SA News Editor

Those expecting thoughtful banking regulatory reform in the U.K. are given a shudder as a Parliamentary committee exposes the IBC report as "a half-baked shambles," writes Simon Nixon. After months on the job, the leaders of the IBC haven't a clue as to how to implement its key proposal - "ring-fencing" a bank's retail activity.