Private Banking
- Basel III
- Banking Act 2009, created a special insolvency regime for banks, envisaging that banks will be taken over by the government if in distress.
Read more about this topic: United Kingdom Banking Law
Famous quotes containing the words private and/or banking:
“The saint and poet seek privacy to ends the most public and universal: and it is the secret of culture, to interest the man more in his public, than in his private quality.”
—Ralph Waldo Emerson (1803–1882)
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)