TITLE

King tells banks to set out their last will

AUTHOR(S)
Jones, Lee
PUB. DATE
June 2009
SOURCE
Money Marketing;6/25/2009, p21
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the call for banks to create a deconstruction plan in the event of financial institution bankruptcy by Bank of England (BoE) governor Mervyn King in Great Britain. King comments that a plan for an orderly wind-down of activities can provide information to the authorities, without which decisions about the future of institutions are difficult to make. It mentions that King reiterated his request to give BoE greater power to maintain financial stability.
ACCESSION #
43380913

 

Related Articles

  • Workload is manageable.  // Money Marketing;11/10/2011, p38 

    The article reports that Bank of England (BoE) governor Mervyn King has told MPs in Britain that his workload under the new regulatory structure is manageable. As part of proposals in the draft Financial Services Bill, the BoE governor will chair the monetary policy committee, the financial...

  • BoF governor King awarded a knighthood. Holt, Natalie // Money Marketing;6/16/2011, p16 

    The article reports that Mervyn King, governor of Bank of England (BoE), has received a knighthood in the Queen's birthday honours list for his significant contribution to the financial services industry in Great Britain.

  • Bank of England chief told to butt out of bonus debate.  // Personnel Today;5/6/2008, p3 

    The article reports that recruitment experts of London, England, have slammed Bank of England governor Mervyn King's criticism of the Square Mile's bonus culture. King had warned that the big bonuses awarded to staff in the finance industry were draining talent from other sectors. John Lacey,...

  • Refusal to release minutes defended. Tolley, Steve // Money Marketing;11/10/2011, p37 

    The article reports that Bank of England (BoE) governor Mervyn King has defended BoE's decision not to release minutes from past court meetings about its handling of the financial crisis. In March 2011, the British Treasury select committee (TSC) called on BoE's court to publish internal reviews...

  • LENDERS: Forbearance hiding true arrears level, says Bank.  // Engineer (Online Edition);7/4/2011, p11 

    The article discusses the Financial Stability Report of the Bank of England in London. In this report, Bank of England's governor Mervyn King urged lenders to assure that they have made adequate provision for prospective losses when using forbearance policies. Moreover, bank chiefs have warned...

  • Industry fears at King stance.  // Money Marketing;8/21/2008, p23 

    The article reports on the strong opposition of Bank of England governor Mervyn A. King on the potential solutions to the liquidity crisis among financial services institutions in Great Britain in 2008. King admits his disapproval over plans to offer financial support to the struggling financial...

  • Next Bank of England governor to be appointed this year. Dale, Samuel // Fundweb;9/12/2012, p23 

    The article offers information on the pre-appointment hearing for the governor of Bank of England. It states that current governor Sir Mervyn King will leave in June 2013 after two, four-year terms. It mentions that the Treasury is looking for a candidate with experience of working in a central...

  • Analysis: Trying to call inflation is a fool's game. Gleeson, Rob // Fundweb;11/2/2012, p3 

    The article discusses the impact of inflation on the financial services industry. It notes the focus of inflation on the effects of the unconventional monetary policies pursued by the U.S. and Great Britain. Mervyn King of the Bank of England indicates the bank's willingness to use higher...

  • King backs bid to make BoE more accountable.  // Money Marketing;11/10/2011, p36 

    The article reports that Bank of England governor Mervyn King has shown his support for the creation of a new Parliamentary committee to boost the bank's accountability. As part of proposals in the draft Financial Services Bill, the bank's powers will be extended, and the Prudential Regulation...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics