• BoE’s King calls for radical reform of banks (Reuters)

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      26th Jan 10
      Yahoo! News: Politics - Barack Obama

    Governor of the Bank of England Mervyn King arrives for the dinner of the G20 Finance Ministers' meeting at the Guildhall in the City of London in this September 4, 2009 file photo. REUTERS/Chris Ratcliffe/PoolReuters - Radical reform is needed to make the banking system safer, Britain's top central banker said on Tuesday, adding U.S. President Barack Obama's plan to curb some activities would not fully solve the "too big to fail" problem.


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