ICB report could spell trouble for investment bank funding

pg31-moneylrg-gif

Industry experts have warned UK investment banks would find it difficult to fund themselves if the proposals to ring-fence a bank's retail operations set out in Monday's interim report from the Independent Commission on Banking (ICB) are implemented.

The report isn't clear on whether the envisaged ring-fencing of capital would also extend to funding – but one of the annexes states investment banks would be barred from setting up their own retail deposit business, and says they might need to take

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: