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Banks 'need a re-think' on risks
mr gieve said: looking further ahead, we need a fundament global re-think of how to manage systemic risks internationally .
another suggestion its dynamic provisioning , which would encourage banks to build up their reserves or take out insurance against having to seek founding injections .
we need to estabilish stronger restraints on the build-up of risks in the financial system over the cycle with the dangers they bring to the wider economy .
'funding gap' their report points out that in 2001, uk customer lending was comparable to customer deposits .
its bi-annual financial stability report fsr) said there may be a need for a fundamental rethink of how to safeguard against systemic risk .
uk bi-anks could face new measures to avoid a repeat of the current incredit crisis, the bank of england has said .