Rothschild on Regulation

The Daily Bell
January 11, 2013

Sunday Interview: Sir Evelyn de Rothschild: ‘To be rather abrupt, I don’t think there’s been a great change since 2008′ One of the great City veterans and scion of the financial dynasty, Sir Evelyn de Rothschild tells Andrew Cave why banking culture needs to be reformed if lenders are to regain public trust.

Veteran investment banker Sir Evelyn Rothschild is far from convinced that enough is being done to transform the financial and regulatory landscape of the City, where he has worked for more than five decades. Britain’s financial system stands at the threshold of what’s being hailed as a historic year for regulation and governance but, frankly, Sir Evelyn de Rothschild has seen it all before. – UK Telegraph

Dominant Social Theme: We need a deluge of financial regulation.

Free-Market Analysis: Sir Evelyn de Rothschild is making points about one of his favorite topics in this just-released series of remarks. That topic is financial regulation.

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