Bank boards need to take responsibility says Darling ; BANKING

Summary


Alistair Darling demanded a change in culture at the top of banks yesterday, blaming their lack of "judgment" for the depth of the financial crisis.

The Chancellor said regulation would get tougher, but boardrooms had to be the "first line of defence" against recklessness.

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Bank boards need to take responsibility says Darling ; BANKING

In his annual Mansion House address to the City, Mr Darling insisted: "At the end of the day a lot of this comes ...

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