Bank of England deputy governor Paul Tucker raises concerns over the size and for-profit nature of CCPs
Deputy governor is bound for academia in the US after helping with transition to new Carney regime
Paul Tucker examines the many issues facing authorities seeking to wind down failed banks without taxpayer support, including cross-border co-operation and choice of single or multiple entry points
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More Paul tucker articles
Bank of England deputy governor says cross-border agreements can overcome national barriers to resolution
International regulators and central banks trying to avoid "nightmare" of fragmented clearing system
BoE deputy governor asks to appear “as soon as possible” following calls for the Bank to explain Diamond conversation
Attendees at ACT conference raise concerns about increased lending costs after Bank of England’s Tucker argues for powers to raise sectoral capital levels
Deutsche's Bänziger to go, while Fan becomes securities co-head; BoE's Tucker gets CPSS role; Ashley shakes things up at Nomura; unhappy Goldman trader adopts scorched earth policy
The funding squeeze
Panellists at an EC conference in Brussels this morning warned CCPs have made little progress on detailed survival plans - leaving the system exposed
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