Sir John Vickers, Professor of Economics at Oxford University and former Chief Economist of the Bank of England, will give a lunch time talk on Reforming the Banks.  His current policy-related interests arise from his work in 2010-11 as chair of the Independent Commission on Banking which recommended fundamental reforms to improve stability and competition in UK banking.  Among the Commissions' recommendations were "ring-fencing" retail bankign division from investment banking arms, stress testing and increases in bank capital.  While a number of the recommedations have been implemented a lot still remains to be done.  Sir Vickers' research interest includes the economics of competition and regulation and incentive theory in addition to the economics of banking reform.

Registration required - restricted to Princeton University and Griswold Center for Economic Policy Students members and guests.

For more information or any questions visit jrc.princeton.edu