Will the hon. Gentleman explain why the average leverage ratio for the banking system, which had been 20 times for the 40 years before 2000, went up to 50 times in the seven years between 2000 and 2007, according to the Independent Commission on Banking? Might that have had something to do with the present shadow Chancellor being the Minister for the City at the time?
Financial Services (Banking Reform) Bill
Proceeding contribution from
Jesse Norman
(Conservative)
in the House of Commons on Monday, 11 March 2013.
It occurred during Debate on bills on Financial Services (Banking Reform) Bill.
Type
Proceeding contribution
Reference
560 c53
Session
2012-13
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2013-11-20 11:07:12 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2013-03-11/13031112000404
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2013-03-11/13031112000404
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2013-03-11/13031112000404