Following the recent departures of some of the most senior figures in British banking, debate is now beginning to focus on how their successors can be guided to ensure maximum stability in the financial sector.

According to recent press reports, the Financial Services Authority (FSA) considers that a lack of adequate experience in UK boardrooms has contributed to the financial crisis. In response, the regulator is now said to be considering face-to-face interviews with future directors and non-executives of British banks.