HSBC Urges Government To Delay Bank Ring-Fencing: Sky News - Presented by: The Aol. On Network

Sky quoted sources familiar with the letter's content as saying, HSBC Chairman Douglas Flint has written a letter to UK Chancellor George Osborne and Bank of England Governor Mark Carney, requesting a delay to the 2019 timetable for banks to ring-fence their business. UK lawmakers in December gave their final approval to reforms aimed at tackling structural failings at banks, that came to light following the 2007/8 financial crisis and a series of mis-selling and rate-fixing scandals.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
BAC $ 16.35 0.35 ▲ 2.19%
AAPL $ 127.6099 1.20 ▲ 0.95%
C $ 53.355 0.21 ▼ 0.38%
CHK $ 15.35 0.57 ▼ 3.58%
T $ 33.49 0.51 ▼ 1.50%
TVIX $ 2.085 0.11 ▲ 5.30%
PBR $ 6 0.08 ▼ 1.32%
ITUB $ 11.38 0.50 ▼ 4.21%

As of 3/6/2015, 01:00 PM More Most Active