We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Deep freeze

31 Jul 2017 By Neil Unmack

A proposal to stop customers’ withdrawing funds from a failing bank is under discussion. That may give regulators more time to work out a stricken lender. But extending the scheme to insured depositors would only make retail clients jumpier and bank failures more likely.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)