Here's our weekly heads-up on the stories that may have caught your clients' attention over the weekend...
Mervyn King predicts new crisis ‘sooner rather than later' Ex-Bank of England governor Mervyn King believes another financial crisis is a certainty and could happen "sooner rather than later". He made the claims in his new book, the BBC reports. King, who stood down in 2013, said reform of monetary and banking systems could help prevent the imminent crisis. But he said in the book that failure "to tackle the disequilibrium in the world economy makes it likely that it [a crisis] will come sooner rather than later". The book is called The End Of Alchemy: Money, Banking And The...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes