Thomson ReutersMarch 17, 2014 11:04
By Huw Jones
LONDON (Reuters) - The world's biggest banks still could not be dismantled safely, more than five years after the collapse of Lehman Brothers, the Bank of England's deputy governor for financial stability said on Monday.
International standard setters have made progress in reforming banking rules since Lehman went under in September 2008, Jon Cunliffe, the deputy governor, told a Chatham House financial conference. But the core task of ending too-big-to-fail banks remains, he said.