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Thanks to Brussels the money in your bank is safer

While UKIP MEP Godfrey Bloom chooses to use the European parliament for 1960s playground insults against the socialist and democrat leader Martin Schulz if he paid more attention, Bloom would notice that Schulz’s party have been playing a blinder in the years since the financial crisis.

We need to talk about Basel

It’s a pity that progressives have not mustered the same zeal over changes to global banking regulation as they did for last year’s Copenhagen summit or for voting reform representation during the post-election coalition talks. Given the minimal reaction to the Basel III banking accords, this epoch-defining issue appears in danger of falling off the radar, despite the opportunity it represents to ask some uncomfortable questions of the government.

We need to talk about Basel

Nov 25, 2010 | Articles, Section: Web exclusive

Earlier this month, the G20 approved Basel III, which, among other things, set new requirements on bank capital in an...

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