Tag: Regulation

Beyond banker bashing?

Over the last few days we’ve been presented with rather different perspectives on future directions for financial regulation and the City of London. The forces of conservatism are seeking to reassert themselves, arguing for a limited regulatory response to the manifest and manifold problems already exposed. In Two […]

Statesmanship and low politics

Obviously, in the twenty-first century it would be better to say “statespersonship”. But that’s a bit unwieldy. And it’s not yet a thing. So I hope you’ll let me off. I’ve been reflecting on this issue a lot over the last few days. It was triggered by last […]

Two cheers for Barclays?

The audacity of Barclays’ actions in seeking to manipulate LIBOR is not in doubt. The scandal, quite apart from exposing how odious and unethical some of Barclays’ business practices were under Bob Diamond, has exposed profound weaknesses in the microstructures of financial markets. These weaknesses should not come […]