vickers report

Ed Miliband went to the City on Monday of this week to give a speech on the banking crisis. There was not much unusual about that, you might think. But the way he opened his address said almost everything you need to know about Ed Miliband's leadership and his sense of where his party is headed.
Four years on from the financial crisis and a year since the Vickers Commission reported and there's no evidence that the worst culture and practices in banking have changed.
I wanted to start with something that would give readers plenty to agree or disagree with, or even to complain about, so a traditional stab at future gazing seems an appropriate way to begin (the BBC's pundits have their go here).
The coalition's response to the Vickers report was a missed opportunity. A chance to reform Britain's banking sector for the better has been hijacked by the Liberal Democrats' need yearning for influence. And so George Osborne has accepted the report in full, though it couldn't be said totally against his own judgement.
George Osborne has signalled the UK's desire to move further and faster on banking reform than any other major international competitor.
UK Chancellor George Osborne has announced that the government will put into law recommendations to "ringfence" retail banks
The Lilley Report on the Draft Financial Services Bill, produced even without final sight of the government response to Vickers, is an excellent sign of effective legislation scrutiny.
The Business Secretary Vince Cable has revealed that the government will tomorrow accept in full the recommendation to ring
The supporters of the UK Independent Commission on Banking's report saw the $2 bn. losses last week at UBS from the allegedly
PRESS ASSOCIATION -- Former City minister Lord Myners has suggested that HSBC should move its UK retail arm to Paris to avoid