I am not yet convinced about the reserve power and have many questions. The three banks that actually collapsed were Northern Rock, Bradford & Bingley and Dunfermline, all narrow mortgage banks. How would the ability to separate investment from retail banking have helped in those circumstances?
Financial Services (Banking Reform) Bill
Proceeding contribution from
Stewart Hosie
(Scottish National Party)
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 c63
Session
2012-13
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-05-10 13:50:31 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2013-03-11/13031112000466
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