Posts tagged 'Ring Fence'

That ring fence will be electrified after all

Kate is FT AV’s Asia Correspondent. She joined FT Alphaville in mid-2011 after carrying out various roles in the FT’s London office since 2005: interactive editor, companies reporter, and founding editor of the FT’s Energy Source blog.

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| Feb 04 10:08 | Comment |

So, it’s happening. The Banking Reform bill to be published today will give the Treasury and the bank regulator the power to break up a bank that doesn’t respect the ringfence between retail banking and the riskier stuff. Read more

ICBaiting

Tracy Alloway used to be deputy editor of FT Alphaville. Here she learned the details of derivatives, the absurdities of accounting and the various structures of ... erm ... structured finance. She now covers big US banks for the FT paper, including Goldman Sachs and Morgan Stanley. She pops up on FT Alphaville every once in a while.

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| Sep 01 2011 11:04 | Comment |

Britain’s biggest banks are set to escape any major restructuring until after the planned 2015 general election, amid a political consensus that they should focus on business lending to sustain the faltering economy …

That’s the latest news on the upcoming report from the Independent Commission on Banking (ICB), due to shape the future of Britain’s banks, and as published by the FT late on Wednesday. Read more

Whoops! Ring-fencing retail banks could backfire

Tracy Alloway used to be deputy editor of FT Alphaville. Here she learned the details of derivatives, the absurdities of accounting and the various structures of ... erm ... structured finance. She now covers big US banks for the FT paper, including Goldman Sachs and Morgan Stanley. She pops up on FT Alphaville every once in a while.

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| Jun 06 2011 15:10 | Comment |

Regulatory snafu anyone?

The UK’s Independent Banking Commission (IBC) recommended in April that banks start ‘ring-fencing’ their retail operations so that large banks are able to fail without endangering depositors. That is, so-called ‘universal banks’ that provide both investment banking and retail operations will have to have retail subsidiaries, with separate and sufficient ‘ring-fenced’ capital to cover their own liabilities. Read more

How to ring-fence a TBTF

| Apr 11 2011 09:58 | Comment |

How – and how much does it cost – to ring-fence the retail banking operations of systematically important, or Too-Big-to-Fail UK banks?

Well, here’s what it might look like. Read more