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The Bank of England Made a Mistake, Say Several Prominent Experts

Summary by Portfolio
The Bank of England made a mistake when it reduced the capital requirements of the banking system, claims Sir John Vickers, a key figure in the transformation of British financial regulation after the 2008 crisis. The Financial Times reported on the experts' concerns.
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The Bank of England made a mistake when it reduced the capital requirements of the banking system, claims Sir John Vickers, a key figure in the transformation of British financial regulation after the 2008 crisis. The Financial Times reported on the experts' concerns.

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Portfolio broke the news in on Thursday, January 15, 2026.
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