How much equity capital should UK banks have? (John Vickers, VoxEU CEPR)

Much stronger capital buffers are fundamental to banking reform. But seven years on from the Global Crisis, the question of how much stronger has not been fully decided. This column reviews the Bank of England’s recently published framework for the systemic risk buffer. It is suggested that the Bank should go further than it proposes, and require stronger capital buffers for systemically-important retail banks.

http://www.voxeu.org/article/how-much-equity-capital-should-uk-banks-have