The limitations of regulators on both sides of the pond highlight today’s Daily Dig, along with the growing Asian bank hiring scandal.
Are regulators doing enough to police those under their watch?
That is an entirely appropriate question to ask, given the lack of prosecutions and continued reckless growth of the US big banks, except the question is being asked in England. Lindsay Fortado looks for answers.
Tommy Boy in the Far East? Asian bank hiring scandal investigation continues
Small businesses in UK call for mandatory referrals to alternative lenders
There is no shortage of companies in the UK who get rejected for funding by mainstream institutions, and a vast majority of those want the government to force those groups to refer them to alternative lending sources. Daniel Liberto explains.