Could I add my support? It seems to me that it is in investment banking territory where there is the greatest scope and where there has been the most inappropriate behaviour. It was Lehmans that nearly brought the whole system down. Part of the intent of the ring-fence is that what is in it is much simpler banking. The whole argument does not stand up unless investment banks are very much covered by the new regime.
Financial Services (Banking Reform) Bill
Proceeding contribution from
Lord Flight
(Conservative)
in the House of Lords on Tuesday, 15 October 2013.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Financial Services (Banking Reform) Bill.
About this proceeding contribution
Reference
748 c404 Session
2013-14Chamber / Committee
House of Lords chamberSubjects
Librarians' tools
Timestamp
2022-06-07 15:33:29 +0100
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