ragazzi come mai tutte le obbligazioni RBS e Lloyds sono calate vistosamente e sono aumentati parecchio anche i cds di entrambe le banche UK???
Bank of Scotland plc184.324.942.76Barclays Bank Plc128.102.782.22Lloyds TSB Bank PlcBank of Scotland plc184.324.942.76Barclays Bank Plc128.102.782.22Lloyds TSB Bank Plc184.313.041.68Royal Bank of Scotland Group Plc189.829.315.15184.313.041.68Royal Bank of Scotland Group Plc189.829.315.15
Credo che una delle risposte potrebbe essere qui... nella parte in grassetto...
- MAY 12, 2010, 9:14 A.M. ET
Financial News: How Vince Cable Is Likely To Regulate UK Banks
By Dominic Elliott Of FINANCIAL NEWS U.K. banks could face changes to regulation on lending, share ownership and fees under the new Conservative-Liberal Democrat government, according to evidence to be presented to Parliament this month that offers insight into the thinking of Vince Cable, former Liberal Democrat Treasury Spokesman, who has been handed oversight of lenders in the country.
Cable, who is in charge of "business and banking" in the new coalition government, is an outspoken advocate of separating retail and investment banking activities--a move which would affect the universal banking models of Royal Bank of Scotland (RBS) and Barclays (BCS).
Such radical action is understood to be opposed by new chancellor of the exchequer George Osborne, who is chairing an independent commission tasked with examining the case for splitting the banks, which could take up to a year.
One precursor that may inform that commission's thinking is the separate Future of Banking Commission, which was conducted by consumer group Which? in February and March this year. The findings of the Which? commission are set to be reported to U.K. Parliament at the end of this month.
Cable was one of the panel on the Future of Banking Commission, along with fellow MPs David Davis and John McFall, and the comments and questions he put to its participants reveal his thinking on other areas of banking regulation.
Cable probed banking and regulatory executives on a range of issues including whether investment banking fees were too high; how to encourage banks to lend while building up capital buffers; and whether bank shareholders should take a longer view.
Those called to give evidence included HSBC (HBC) chairman Stephen Green, Royal Bank of Scotland chief executive Stephen Hester, Lord Turner and Hector Sants of the Financial Services Authority and Bank of England governor Mervyn King.
Fees
In one evidence session on March 18 with the Office for Fair Trading chairman Philip Collins, Cable said: "There is growing concern about the way in which the investment banks are racking up enormous fees and what seems prima facie to suggest semi cartel type behaviour and then in parallel in that and linked to it, we have the magic circles of auditors and accountants and lawyers."
Collins said it was something the OFT was looking into, but declined to give further details.
Lending
Cable asked FSA chairman Lord Turner in a separate session on March 18 whether there was a conflict between asking banks to build up capital to counter economic cycles and trying to get banks to lend again.
Turner responded by saying that the FSA was moving slowly on introducing so-called counter-cyclical capital requirements and that the regulator was working on encouraging banks to lend. However, Turner stressed that a countercyclical capital regime was essential to strengthen the UK's banking sector.
Stewardship
Cable asked the late Sir Brian Pitman, former chairman of Virgin Money and prior to that Lloyds TSB, whether bank executives were too beholden to shareholders with short-term horizons.
Pitman said shareholders should take a perspective of "much longer terms than just three years", which Cable described as a "very helpful answer."
Angela Knight, chief executive of the trade body British Bankers' Association, said: "Our view has always been that it is important to have a range of different types of banks, including retail banks, building societies, investment banks and universal banks. Such diversity enhances the ability of the banking system to finance corporate Britain and retail customers effectively."
"We accept changes need to be made in some areas and we are looking forward to engaging with the commission. It is important that any changes to U.K. rules are coordinated with European and other international regulators."