Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Senior Lawmaker Urges Uk Banks To Invest In It To Prevent Failures


Ron Burgundy
 Share

Recommended Posts

The Wider Image: Church spires and skyscrapers in the City of LondonAndrew Tyrie, chairman of parliament's Treasury Committee, also suggested that Andrew Bailey, the deputy governor of the Bank of England who heads its banks supervisory arm, should be tasked with ensuring the banks develop more resilience. Britain's retail banks have been hit by a number of technology failures in recent years, causing inconvenience for hundreds of thousands of customers and prompting lawmakers to call for more investment in financial technology. "Every few months we have yet another IT failure at a major bank," Tyrie said in a statement on Sunday.




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share