UK chancellor eyes banks' corporate governance
Britain's top financial official will on Wednesday call on banks' boards to act as a first line of defence against future financial crises.
Leading British newspapers reported that Alistair Darling, the chancellor of the exchequer, will on Wednesday evening say that bank boards must play their part in staving off financial meltdowns by focusing on long-term wealth creation and not short-term profits.
The chancellor will say he wants banks' boards to have "the right people, skills and experience
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