PER Distinguished Lecture Series: John Vickers
"Banking Reform in the UK"
How much progress has banking reform made in the eight years since the height of the financial crisis? The UK is undertaking structural reform to separate retail from investment banking, and has raised bank capital standards. But are such efforts enough?
Sir John Vickers has been Warden of All Souls College, Oxford, since October 2008. He studied at Oxford University, where he taught economics and was Drummond Professor of Political Economy from 1991-2008. He was Chief Economist at the Bank of England and a member of the Monetary Policy Committee 1998-2000; Director General/Chairman of the Office of Fair Trading 2000-2005; President of the Royal Economic Society 2007-2010; and Chairman of the Independent Commission on Banking 2010-11. His research interests concern questions about competition and regulation.