finance Articles

The exam question is simple: how do we deal with the problem of banks deemed too big to fail and then taking risks underwritten by an effective taxpayer guarantee? This is the problem the Banking Commission sought to resolve in its report issued last week. Bankers are...

Banks need structural reform as well as tighter regulation and we should be careful to distinguish between the economic impact to the country of reform and the effect on the banks themselves. Those are the main core conclusions of the final report of the Independent...

Once again, turmoil has hit financial markets. Once again, hard questions are being asked of political leaders around the world. And once again, we see both the power of market forces and the need for clear political leadership. The leadership has been found wanting,...

This morning’s financial headlines made grim reading Thursday's losses across the world’s financial markets have been a long time coming.  Even if the private sector has largely repaired its balance sheets since the financial crisis, government certainly hasn't. In...