Turning back the clock on bank regulation

Anyone who saw Inside Job would know that the 2008 global financial crisis revealed fundamental deficiencies in the financial sector. With the lacklustre recovery in the US and Europe still deeply mired in the aftermath of 2008, you might think the climate would favour far-reaching reforms. But change is pushing up against the strong resistance of Wall Street.

Has the reform effort been boosted by the recent travails of JP Morgan Chase?

For the full story visit Business Spectator.

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