Howard Davies, a professor at in Paris, was the first chairman of the United Kingdom’s Financial Services Authority (1997-2003). He was Director of the London School of Economics (2003-11) and served as Deputy Governor of the Bank of England and Director-General of the Confederation of British Industry.
“Be wary then; best safety lies in fear,” said Laertes to Ophelia as she embarked on her doomed dalliance with Hamlet. That is sound advice for banks and their regulators, too, as they fa...
The received wisdom among financial regulators is that they are better off being able to say, “We told you so” if something goes wrong, and that there is little downside in occasionally i...
El vicepresidente de la Reserva Federal, Stanley Fischer, sostuvo hace poco en el Financial Times que el sistema político estadounidense “puede estar llevándonos en una dirección muy peli...
Howard Davies looks at central bank independence.
Durante los últimos veinte años, la independencia de los bancos centrales ha sido una especie de “fin de la historia” en materia de política monetaria, adoptada después de intentar (y fra...
Howard Davies looks at the role of central banks over the past decade.
The structure of banking regulation in Europe has risen to the top of the British political agenda.
