The writer, an FT contributing editor, is chief executive of the Royal Society of ArtsAfter a decade of radical financial regulatory reform, designed to rid the world of institutions that were “too big to fail”, this time was meant to be different. Alas, not. Not only the big (Credit Suisse) but the medium-sized (SVB) were found to matter, the safety net was again distended, and the best-laid regulatory plans perished in their first brush with reality.
本文作者是英国《金融时报》特约编辑，英国皇家艺术学会(Royal Society of Arts)行政总裁
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