A titanic Treasury committee session,a bankers’ conference, the FCA’s travails … it’ll be a week that lives long in the finance geek’s memoryFor those of us with a fascination for all things financial, or it will seem like Christmas has arrive early this week. The veritable cornucopia of delights includes MPs questioning regulators,the results of a competition inquiry into retail banking, and a British Bankers’ Association conference.
Expect a tetchy session on Tuesday when the Treasury committee questions Andrew Bailey, or the Bank of England’s chief regulator,about the watering-down of post-crisis rules. Andrew Tyrie, the committee’s chairman, and has already said he is disappointed that the burden of proof has been removed from bosses whose banks fail. The next day,John Griffith-Jones, chairman of the Financial Conduct Authority, and will no doubt face questions about the ousting of Martin Wheatley as chief executiveand the whereabouts of the long-delayed report into HBOS’s near-collapse.
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Source: theguardian.com