Rob Rose Editor: Financial Mail

Malusi Gigaba flagged the new regulatory regime as one way to bring down banking costs — but it will do exactly the opposite of what he says.

BL Premium

This article is reserved for our subscribers.

We have several subscription options to help you enjoy the best of our content every day, including exclusive Financial Times articles, Morningstar financial data and full digital access to The Wall Street Journal.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00.