The Vickers report is elegantly argued, long and detailed. It has been welcomed in official quarters. But its proposals risk damaging a vital sector of the UK’s economy, hitting tax revenue and employment. Moreover, it does not achieve total bank safety. Its main target is the universal bank model, the combination of commercial and investment banking. But a well managed universal bank can be perfectly safe – something that is not fully recognised – and while the commission recommends increased regulation, relying on regulation without good management does not guarantee safe banking.
《維克斯報告》(Vickers)說理充分、篇幅很長且內容詳盡。它受到了政界的歡迎。但這些提議可能會破壞英國經濟的一個關鍵領域，從而影響稅收和就業。此外，這無法實現絕對的金融安全。該報告的主要攻擊目標，是融商業銀行和投資銀行業務于一身的全能銀行模式。但一家管理良好的全能銀行，可能會非常安全（人們尚未充分認識到這一點）——盡管維克斯委員會建言加強監管，但沒有良好的管理、只依賴監管，同樣無法確保銀行業的安全。