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— Risk Manager (@ERMuk) April 20, 2018
— Risk Manager (@ERMuk) April 16, 2018
12th April 2018 – Should Bank Of England BoE Panels Be Kept Apart
There are calls to merge the monetary and financial policy committees due to roles overlapping. However the BoE Deputy Governor Ben Broadbent thinks this would overload policymakers and raise the risk of the kind of mistakes that helped lead to the financial crisis in 2007-08.
31st March 2018 – Barclays To Pay $2 Billion Penalty
Barclays bank has agreed to pay American government $2 billion over the sale of mortgage backed securities which is part of the financial crisis.
The USA justice department has been investigating allegations that Barclays bank caused billions of dollars of losses to investors with an alleged fraudulent scheme.
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