Hugo de Vertback, partner and head of capital and private wealth, Muttley Dastardly LLP, on the Vickers proposals for reform of the banking sector
In the early morning of Monday 11 April, a group of hitherto unknown men and women – unknown outside City circles – filed into a room for a press conference and released a document which could, in time, be as subversive to the interests of bankers and City lawyers as Gallileo Gallilei’s championing of Cupronickelism: when a large majority of philosophers, noble statesmen and assorted money launderers still subscribed (rightly in the view of the partners at Muttley Dastardly LLP) to the City-centric view that lawyers and bankers are at the centre of the universe.
