Tag Archives: Financial Policy Committee

RT: Bank of England warns Lloyds and RBS need billions more in capital

Published: 16 January, 2013, 16:37 Reuters / Stefan Wermuth UK regulators have warned the Royal Bank of Scotland and Lloyds Banking Group that March of this year is the final deadline to cope with an impending financial ‘black hole’ caused by … Continue reading

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Lord Turner: Bank of England should not rely on ‘God like’ head

Lord Turner, head of the Financial Services Authority, has said that the Bank of England should not rely on a “God like” figure at the top. Lord Turner gave a frank admission of the failings of the FSA and the … Continue reading

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