Co-operative banks may be the way forward – by Brian Lucey TCD

Read full article here Irish Examiner Ltd.

“Some encouragement of the formation of new co-operative banks would be useful, as would be a consideration of whether or not we should cap the size of domestic banks, to consider winding down all majority state-owned banks which have had moral hazard injected into them through bailing out, and to encourage the transference of activities to new, clean, co-operative by preference banks which can compete on a new level playing field.”

— Brian M Lucey is Professor of Finance, School of Business Studies, Trinity College

© Irish Examiner Ltd. All rights reserved

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Alex Templeton speaking at ECOBATE - UK - 2013

Councils should "bring local banks into being" so they can become "powerful partners" and promote economic, social and environmental benefits to their communities.

Published on Mar 21, 2013 Speaking at the 2nd European Conference on Banking and the Economy (ECOBATE) in Winchester, Alex Templeton, Director of the Farm Energy Project, explains how a disfunctional financial system has made it harder to lend to small businesses which in turn impacts communities.

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