Martin Wolf

Martin Wolf News

  • Banks Likely to Escape Breakup by U.K. Commission

    The British government commission that convenes tomorrow is unlikely to propose breaking up the country’s biggest banks after three of the five biggest lenders threatened to leave the country rather than accept change.

  • U.K. Scraps FSA in Biggest Bank Overhaul Since 1997

    Chancellor of the Exchequer George Osborne said he will abolish the Financial Services Authority and give most of its power to the Bank of England, undoing the regulatory system set up by Gordon Brown in 1997.

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