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BOE official says deregulation push recalls pre-2008 era

By Sofia Gerace ( January 15, 2025, 17:43 GMT | Insight) -- A Bank of England's executive director said that the calls for deregulation of the financial services sector reminded him of calls made to financial regulators prior to the 2008 global financial crisis. Nathanaël Benjamin said on Wednesday that while eliminating all risks from the financial system would be a mistake, the lessons of the global financial crisis should not be forgotten.  The increased calls to deregulate the financial services sector to boost growth echoes similar calls that were made to financial regulators ahead of the 2008 global financial crisis, a Bank of England official warned....

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