'Barack Obama's shake-up 'could hasten City exodus''
Evening Standard p.37 (Friday)
School of Business and Management: Professor Stefano Harney
Following President Obama’s comments on banking regulation in the US, Professor Harney said: “President Obama's announcement means the UK government will have to act to break up the banks here in Britain. Not to follow his lead would be to condemn the City of London to become the largest offshore banking colony in the world, with all the corruption and instability that would come with that.”
Read the full article on the Standard online
Professor Harney also appeared live on BBC London News on Friday evening and featured in the Sydney Morning Herald