U.K. banking group Barclays announced the completion of its “ring-fencing” project, an overhaul of the financial institution’s structuring to prevent some of the scenarios that occurred in the wake of the financial crisis. Reports in The Financial Times on Monday (April 2) said Barclays transitioned 24...
The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and Barclays begins ring-fencing efforts.
July 17, 2017
The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and Barclays begins ring-fencing efforts.
August 09, 2021
Goldman Sachs says ring-fencing regulations imposed after the 2008 Global Financial Crisis are driving up housing prices in England by promoting business practices that have resulted in super-low interest rates for homebuyers able to make big down-payments, the Daily Mail reported Saturday (Aug. 7). Ring-fencing is the practice of separating business activities within a company […]
