Osborne abandons plans to tackle insider dealers

When George Osborne announced his plans to reform British banking regulation during the summer, it appeared to have scuppered hopes among bankers that it would be business as usual under a Conservativeled administration.

20th November, 2010
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When George Osborne announced his plans to reform British banking regulation during the summer, it appeared to have scuppered hopes among bankers that it would be business as usual under a Conservativeled administration.

The British chancellor claimed that the planned measures, which he announced during his first Mansion House speech to the City in June, would have alleviated the banking crisis had they been in place at the time.

The measures included the handing of...

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