TITLE

PRA chief Andrew Bailey: Too big to fail solution 'within our grasp'

AUTHOR(S)
Dale, Samuel
PUB. DATE
May 2013
SOURCE
Fundweb;5/2/2013, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article highlights the statement of Andrew Bailey, the executive director of Prudential Regulation Authority, at the dinner of Chartered Bankers in Edinburgh, Scotland in 2013. He mentions that he has a background to resolve banks, and regards to have the capacity of resolving failed large banks, such as the resolution's holy grail. He claims that one organisation need not have been responsible for both conduct and prudential regulation.
ACCESSION #
87589270

 

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