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Proceeding contribution from Lord McFall of Alcluith (Labour) in the House of Lords on Tuesday, 11 January 2011. It occurred during Ministerial statement on Banking: Bonuses.


Banking: Bonuses

At the Treasury Select Committee this morning Bob Diamond is reported to have said that Barclays is in the position that it is not too big to fail. Does the Minister agree with that statement and, if so, does that mean that if any big bank in distress comes to the Government in future the taxpayer will not be on the hook?


Secondary information

Type
Proceeding contribution
Reference
723 c1336 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Codes of practice Business Banks Bank of England Incentives Financial Services Authority International Monetary Fund Loans Regulation Tax avoidance Taxation Treasury Royal Bank of Scotland Bank levy Independent Commission on Banking
Link
View this Proceeding contribution on www.publications.parliament.uk