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25 March 2013
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In March 2009 an EU directive increased the value of the protection afforded by a deposit guarantee scheme (DGS) to a uniform ceiling of €100,000. Events involving Cyprus have undermined the...
7 June 2012
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There is some sense in the EU’s new plans to change the way in which banks are regulated. In particular, there are two major problems with the current system of regulation in the EU. Firstly...
19 November 2009
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I welcome Vince Cable’s repudiation of the Tobin tax but, instead, he has proposed a tax on bank profits to help provide a sort of insurance premium to pay for the losses banks impose on...
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