Create accountLogin

Recent searches

No recent searches

Search options

Only available when logged in.
det.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
Mastodon Server des Unterhaltungsfernsehen Ehrenfeld zum dezentralen Diskurs.

Administered by:

Server stats:

2K
active users

det.social: AboutProfiles directoryPrivacy policy

Mastodon: AboutGet the appKeyboard shortcutsView source codev4.3.2

#FinancialServices

4 posts4 participants0 posts today
Public
Emeritus Prof Christopher May

So the Bank of England is scrapping limits on lending & 'treasury activities' that were introduced 17 years ago in the war of Northern Rock and Bradford & Bingley's problems after the financial crisis.... with the implied reasoning that building societies are better managed & more able to assess risk than they were then.

This reflects the Govt's deregulation agenda, but as a Trump inspired crisis looks possible, is this the right time to be abolishing such limits?

#FinancialServices
h/t FT

Public
Emeritus Prof Christopher May

More climate myopia.

Across the finance & insurance sector, firms are only accounting for 'repetitional risk' around climate change, with little assessment of how shifts in climate might impact on actual investments & insurance claims.

The very fact that the Prudential Regulation Authority is now requiring(!) reviews by firms on their environmental risks tells you a lot about how the financial services sector has effectively ignored a major future problem!

#climate #FinancialServices
h/t FT

ExploreLive feeds
About