CITY VIEWS: ARE YOU WORRIED ABOUT THE PROSPECT OF MORE BANK RULES?
HANOZ TAJMIGAR | MAXFIELD
“Yes; ring-fencing retail arms of banks is a panic decision. I think that increased regulation of banks will have a negative effect on the public and it will ultimately harm the financial recovery, and even harm bank lending.”
JOHN MACKINNAN | BPL
“In the short-term I am worried about the proposed regulations. I expect them to have a lot of negative implications for the British public. In the long-term, though, I think it could prove beneficial to the economy.”
IAN TAYLOR | TAYLOR FRANKLIN CONSULTING
“I personally support ring-fencing, and I think this is the right time for it to be done. I sense that there will be a big impact on banks lending, and the only way for that to not be a negative impact would be to delay the regulations.”