Posts

Showing posts with the label TSB

Updates from the Banking Sector

Image
Owing to the dynamics of the academic year, there has been somewhat of a lull recently here in Financial Regulation Matters , so to get up to speed a round-up of developments within the banking sector seems like a good place to start. There have been a number of developments since the last post, so today we will work our way through them as efficiently as possible; the underlying sentiment is that the developments portray a sector that is consistently changing since the Crisis, with a number of aspects of that said Crisis continuing to play out (rather unsurprisingly). We start with our old friends RBS, who have taken up a large amount of space in Financial Regulation Matters , mostly on account of their remarkable development since the Crisis. Past posts have focused on the unique relationship that continues between the bank and the government (on account of its ownership of the bank), its terrible performance (alongside the FCA) in relation to its treatment of SMEs , and also...