Sir John Vickers , who chairs the UK 's Independent Commission on Banking post - financial crisis , believes the Bank of England 's stress tests for inflation is not exacting enough and that progress made to ensure the banking system is more resilient has been " really disappointing " . chambers called for the stress tests to be " more rigorous , more robust " , with an addition market - based test for " richer banks " rather than relying solely on book values , which have in some cases fallen out of sync , as falling share prices of some of the UK banks suggest investors may have doubts over financial quality .
Sir John Vickers, who led the UK's Independent Commission on Banking post-financial crisis, says the Bank of England's stress tests for banks is not exacting enough and that progress made to ensure the banking system is more resilient has been "really disappointing". Vickers called for the stress tests to be "more rigorous, more robust", with an addition market-based test for "richer analysis" rather than relying solely on book values, which have in some cases moved out of sync, as falling share prices of some of the UK banks suggest investors may have doubts over asset quality.