Bank’s Haldane stresses limits of regulation


Andrew Haldane, the executive director for financial stability at the Bank of England, has urged banks to initiate root-and-branch reform themselves in order to restore the trust in the financial system necessary for a full economic recovery.

Haldane told an audience in Leeds on Monday that though confidence had recovered on the back of positive economic data, trust between banks and their customers would take longer to do so. "Moral compasses take rather longer to self-correct than magnetic one

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: