LONDON: Britain risks another financial crisis unless banking reforms are pushed through, the Bank of
England governor said in an interview.
Mervyn King told that "imbalances" remain in the banking system and are "beginning to grow again".
He also said high street banks were routinely exploiting millions of customers and urged them to stop trying
to simply "maximise profits next week".
King's intervention comes as a government commission considers whether financial institutions should be
forced to separate their investment and retail banking arms.
"We allowed a (banking) system to build up which contained the seeds of its own destruction," King said.
