The governor of the Bank of England Warns Of Another Financial Crisis
March 5, 2011
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1:49Now PlayingThe governor of the Bank of England Warns Of Another Financial Crisis
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as posted by the channelThe governor of the Bank of England has warned that failure to restructure the banking sector could result in another financial crisis.
Mervyn King, whose responsibilities will extend to regulating the banks next year, also said that the industry needs to prioritise its customers over its profits.
Tadhg Enright reports.
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