Skip to main content

'Our distrust is very expensive’: How do we restore trust in banks?

Linda Arch

A paper by Dr Linda Arch, Lecturer in Finance at the ICMA Centre has been published by the Institute for Public Policy Research (IPPR). The Spring 2019 issue of the IPPR Progressive Review is based on the theme of democracy, post-Brexit. In the paper titled “'Our distrust is very expensive’: How do we restore trust in banks?”, Linda explores the idea that effective bank regulation depends upon trust, which requires trustworthy banks and regulators.

She argues that we need a broad and democratic conversation as to the principles which should underpin bank regulation in the UK post-Brexit. In turn, this will help us to avoid a post-Brexit bank regulatory ‘race to the bottom’.

Read the full paper here.

Dr Linda Arch’s research interest lies in the regulation of banks in the UK in the mid-twentieth century. In her recent book ‘The regulation of the London clearing banks, 1946-1971: stability and compliance’, Linda questions the interpretation of bank regulation which has prevailed in the academic literature for this period. This interpretation holds that the approach to regulation was driven primarily by the policy of “financial repression.”

Find out more about the book here. Find out more about Dr Linda Arch's research here.

View Profile

Published 4 March 2019
Topics:
Research news

You might also like

Dr. Ogonna Nneji featured in credit magazine

3 March 2014
A lecturer in finance at the ICMA Centre, Dr. Ogonna Nneji, recently featured in Creditflux, a leading industry credit magazine with around 10,000 readers in the credit markets. His short article was co-authored with Dr. Davide Avino, a research fellow at the Financial Mathematics and Computation Cluster (FMC2), University College Dublin Smurfit Business School and previous ICMA Centre PhD student. Their article titled "Finding inefficiencies in iTraxx" provides evidence that the credit default swaps market in Europe is inefficient and could be exploited by credit investors.

Success for ICMA Centre Research

4 March 2010
Research from the ICMA Centre titled "Gains from Mergers and Acquisitions Around the World: New Evidence" will be published in the Financial Management Journal, one of the top Finance Journals, in 2010.

PhD student Fahad Alhumaidah published in RBS Reserve Management Trends 2013

8 May 2013
Fahad Alhumaidah's research has been featured in the Central Banking Publications’ (CBP) annual book titledRBS Reserve Management Trends 2013. Published in spring each year, the book presents survey results of around 60 participating central banks, responsible for more than $6.7 trillion in reserve assets, on their views of the global financial markets and the key issues facing the international monetary system. Aside from the survey results, the book also features other chapters relevant to the subject of central bank reserve management contributed by various authors.