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How Much Equity Capital Should Banks Have?

Speaker:   Sir John Vickers
Chair: Professor Charles Goodhart 

Recorded at LSE on Tuesday 19 April 2016

The question of the appropriate amount of equity that banks should hold against their assets remains highly contentious. Sir John Vickers (Oxford) presents his views on this important topic.

From 1998 to 2000 Sir John Vickers was the Chief Economist at the Bank of England and a member of the Monetary Policy Committee. From 2000 to 2005 he was Director General/Chairman of the Office of Fair Trading. Since October 2008, he has been Warden of All Souls College, Oxford. In June 2010, he became Chair of the UK's newly created Independent Commission on Banking (ICB).

Charles Goodhart is Emeritus Professor of Banking and Finance with the Financial Markets Group at the London School of Economics, having previously, 1987-2005, been its Deputy Director. Until his retirement in 2002, he had been the Norman Sosnow Professor of Banking and Finance at LSE since 1985.

The Financial Markets Group Research Centre (@FMG_LSE) at LSE is one of the leading centres in Europe for academic research into financial markets.

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John Vickers