The Vickers Report on the UK banking sector (http://bankingcommission.s3.amazonaws.com/wp-content/uploads/2010/07/ICB-Final-Report.pdf) is supposedly aimed at avoiding any future financial collapse by making the banks safer. This committee of bankers and economists propose to increase the amount of capital funds that banks must hold relative to the loans they make and financial assets they purchase. They also wantContinue reading “Saving the banks”