The Governor of the Bank of England has attacked irresponsible bankers, and is calling for longer prison sentences for those who break the law.
Mark Carney used a major speech in the City of London to criticise a 'culture of impunity'.
And a report by the Bank suggests that maximum sentences for wrongdoing in the industry should be lengthened from 7 to 10 years.
It comes with banks including HSBC threatening to move abroad to avoid Britain's regulatory regime and bank levy on their balance sheets increased by Chancellor George Osborne ahead of May's election.
Political editor at the Financial Times George Parker says there is a game of chicken taking place.
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