Governor of the Bank of England, Sir Mervyn King
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Sir Mervyn King calls for bank reforms

The governor of the Bank of England, Sir Mervyn King, has called for swift reform of the banking industry.

He said that more money from banks' shareholders' should be "on the line", to make banks more careful when choosing to whom they lend.

Hugh Pym reports.

  • 03 May 2012
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