Friday, 4 March 2011

Britain's Banks: Too Big to Save?



excuse poor background interference.


b.i.s. ---basel accord-1-2-

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Last broadcast on Tue, 18 Jan 2011, 21:00 on BBC Two (except Northern Ireland (Analogue), Wales (Analogue)) (see all broadcasts).

THIS PROGRAMME IS ON AIR NOW:

Watch Live on BBC One (Started at 02:55)

SYNOPSIS

Episode image for Britain's Banks: Too Big to Save?

It's more than two years since the giant banks were bailed out with billions of pounds of tax-payers' money, yet little has been done to reform or regulate these vast institutions. The BBC's business editor Robert Peston looks at how the international regulators, a little-known and secretive committee that sits in the Swiss city of Basel, have consistently failed to curb the excesses of the giant banks and how new proposals fall short of the root-and-branch reform promised after the crash.

With the fate of Ireland, brought to its knees by the excesses of its banking industry, fresh in our minds, Peston asks whether Britain would be in any position to bail out our huge banks should there be another crisis. Are the banks, once thought to be too big to fail, now actually too big to save?

The film contains the first interviews with the government's new Banking Commission, as well as contributions from Business Secretary Vince Cable, new RBS chairman Sir Philip Hampton and the Bank of England.

ROBERT PESTON'S BUSINESS ANALYSIS

Head over to Robert Peston's blog to read his take on all the business stories and issues that matter.

Go to Robert Peston's blog at BBC News

CREDITS

Presenter
Robert Peston
Director
John Thynne
Producer
John Thynne
Executive Producer
Sam Bagnall

BROADCASTS

  1. Tue 18 Jan 2011
    21:00
  2. Tue 18 Jan 2011
    21:00
  3. Fri 4 Mar 2011
    02:55






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    DURATION

    60 minutes

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