UK chancellor eyes banks' corporate governance

Britain's top financial official will on Wednesday call on banks' boards to act as a first line of defence against future financial crises.

Leading British newspapers reported that Alistair Darling, the chancellor of the exchequer, will on Wednesday evening say that bank boards must play their part in staving off financial meltdowns by focusing on long-term wealth creation and not short-term profits.

The chancellor will say he wants banks' boards to have "the right people, skills and experien

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: