{"id":10955,"date":"2009-07-03T00:00:00","date_gmt":"2009-07-03T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"darling-warns-banks-of-return-to-risk-taking","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/darling-warns-banks-of-return-to-risk-taking.html","title":{"rendered":"Darling warns banks of return to risk-taking"},"content":{"rendered":"<p> Times Online &#8211; Alistair Darling has warned that he will impose tougher regulation to avoid a  repeat of the banking crisis amid fears of a return of the bonus-driven,  risk-taking culture in the City.  <\/p>\n<p> The Chancellor told <em>The Independent <\/em>newspaper that bankers who are too  complacent will be &ldquo;brought back to earth&rdquo; by new legislation.  <\/p>\n<p> An important White Paper on the banking sector, due next week, will grant new  powers to the Bank of England and the Financial Services Authority (FSA), Mr  Darling said.  <\/p>\n<p> He promised &ldquo;new tools&rdquo; for the regulatory bodies to strengthen their powers,  which could mean that the FSA will be able to extend its reach to hedge  funds, some of the riskiest investment funds.  <\/p>\n<p><a href=\"http:\/\/business.timesonline.co.uk\/tol\/business\/industry_sectors\/banking_and_finance\/article6628951.ece\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Times Online &#8211; Alistair Darling has warned that he will impose tougher regulation to avoid a repeat of the banking crisis amid fears of a return of the bonus-driven, risk-taking culture in the City. The Chancellor told The Independent newspaper [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2735,4164,6476,1398,1162,13783,5533,1812,1331,5218,406,13780,8065,13782,13781,86],"class_list":["post-10955","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-alistair-darling","tag-bank-of-england","tag-banking-crisis","tag-banking-sector","tag-bonus","tag-chancellor","tag-earth","tag-fears","tag-financial-services-authority","tag-fsa","tag-investment-funds","tag-mr-darling","tag-new-legislation","tag-new-tools","tag-regulatory-bodies","tag-risk"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10955"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10955\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}