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:
“Lisa Fremont: Surprise is the most important element of attack. And besides, you’re not up on your private eye literature. When they’re in trouble it’s always their girl Friday who gets them out of it.
L.B. Jeffries: Well, is she the girl who saves him from the clutches of the seductive show girls and the over passionate daughters of the rich?
Lisa Fremont: The same.
L.B. Jeffries: That’s the one, huh? But he never ends up marrying her, does he? That’s strange.”
—John Michael Hayes (b. 1919)
“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)