"Regulators are a backstop: they don't own banks.……" — Vince Cable
"Regulators are a backstop: they don't own banks. The governance at the top of our leading banks has been shown to be lamentably weak. No one at the top of Barclays will take responsibility for systemic abuse."
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Vince Cable
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53 Quotes by Vince Cable
Vince Cable has 53 quotes on this site.
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And humility in politics means accepting that one party doesn't have all the answers; recognising that working in partnership is…
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Now the main areas of higher education that still enjoy considerable financial support from government are subjects like engineering and…
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For wide swaths of training and education there are valuable spillovers which mean that the private sector needs support from…
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Housing associations have fingered the fact that they cannot use their assets as liquidity due to Bank of England rules…
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I have managed to infuriate the bank bosses; acquire a fatwa from the revolutionary guards of the trades union movement;…
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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional…
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My time at Shell was a most valuable experience because it taught me to look at the world in a…
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The degree of leverage now being reversed is staggering, and the underlying global imbalances - notably between the savers and…
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We have sectors of the economy, aerospace is a good example, where Britain's probably the second country in the world,…
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We need a new British business bank with a clean balance sheet and an ability to expand lending rapidly to…
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Well, as I said, you know the issue of Greek debt, they've grasped the principle of debt reduction. I think…
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When my job was attempting to predict future economic developments for the Shell oil company, I was frequently reminded of…
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