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:
“Now, we deny not, but that politicians may sometimes abuse religion, and make it serve for the promoting of their own private interests and designs; which yet they could not do so well neither, were the thing itself a mere cheat and figment of their own, and had no reality at all in nature, nor anything solid at the bottom of it.”
—Ralph J. Cudworth (1617–1688)
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—William Howard Taft (1857–1930)