THE Bank of England’s proposal to eject bank bosses who fail to perform up to standard is set to reverberate around the banking world.
Targeted for implementation next year, the proposal forms part of the banking reforms in Britain that include an official launch of stress tests for banks, says The Telegraph.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!