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Banking Standards report: the key takeaways

If the thought of digesting over 550 pages of recommendations for overhauling the UK's banking sector is a little hard to stomach, here it is in bite-sized form

If the thought of digesting today's entire 571-page 'Changing Banking for Good' report is a little hard to stomach, here it is in a more digestible form.

Winding up the entity managing the UK government's stakes in bailed-out banks; criminal charges for banker recklessness; more women on the trading floor, and handing regulators a discretionary power to claw back bonuses even if a banker has moved firm are among a slew of ideas and recommendations put forward by the Parliamentary Commission on Banking Standards.

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