Regulation reform dominates British Bankers’ Association conference

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Marcus Agius, the chairman of the British Bankers' Association (BBA), summed up the feeling of the morning sessions from the BBA's Annual International Banking Conference on Wednesday by calling regulatory reform the "omnipresent topic".

Agius said the aim of the reforms currently under discussion in the UK will improve transparency and ensure public money is never needed to bail out banks in the future. However, he said that it was critical to understand that banks "cannot, and never will be

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