Bad Banks: Greed, Incompetence and the Next Global Crisis (Alex Brummer, 2014)


  • Payment Protection Insurance (PPI) Mis-Selling - Have a deadline to claim making it useless
  • Interest Rate Swap - Fix to float or vice-versa. Subjected to SIBOR and usually is disadvantageous
  • 4 Nov 14 - European Central Bank directly supervised eurozone 130 biggest banks
  • Basel I - The BCBS was founded in 1974 as an international forum where members could cooperate on banking supervision matters.
  • Basel II - minimum capital requirements, regulatory supervision and market discipline
  • Basel III - art of the continuous effort to enhance the banking regulatory framework. It builds on the Basel I and Basel II documents, and seeks to improve the banking sector's ability to deal with financial stress, improve risk management, and strengthen the bank's' transparency.


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