The Financial Times - Opinion Piece by Robert Jenkins
The Better Banking Law take: Refreshing thoughts indeed on statesmanship by banking leaders encompassing integrity, courage, wisdom and leadership in global finance. It goes without saying we need individuals with such qualities to rise to the occasion and support, rather than resist, bank reform.
The New York Times via Reuters - Huw Jones
The Better Banking Law take: We applaud Andrew Tyrie's tough stance on implementing the UK statute based on Sir John Vickers' ring-fencing plan. Should the UK's big banks attempt to "game" the ring-fence, the result will be full separation of the retail arm to protect taxpayers.
The Wall Street Journal - Paul J. Davies
The Better Banking Law take: Finally! The US Financial Press covers the UK's ringfencing plan and its similarities to Glass-Steagall.
