Paul Myners
| December 16th, 2009 | Treasury Sets Out Plans to Manage Investment Bank Failures The Treasury has today published proposals to strengthen the UK's ability to deal with any future failure of an investment bank. The proposals will enhance the UK’s reputation as one of the world’s leading centres for conducting investment business. These proposals are part of the Government’s broader work on reducing the impact of failing firms. They build on the steps the Government took in the Banking Act earlier this year to resolve failing retail banks. Financial Services Secretary Paul Myners said: |
