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 Financial Times - Patrick Jenkins
The Better Banking Law take: Sergio Ermotti once again shows his thoughtful leadership and outlines the merits of banks not being everything to everybody and a return to their DNA.
The Wall Street Journal - Ryan Tracy
The Better Banking Law take: We welcome the Fed's recently proposed "total loss-absorbing capacity" principles, which are similar to those the European Central Bank has put forth to avoid taxpayer bailouts.
