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The veteran banker called for better supervision as the key towards a stable financial system.
The club is now on a stable financial footing for the first time in many years".
He boasted of a "stable financial base" that will allow the broadcaster to "commit with confidence" to further innovation.
There is a real danger of substantial further deterioration in the sector and government must act now to ensure FE is put on a stable financial footing".
"Over the past few weeks the company has held discussions with a number of parties with a view to finding a stable financial future for the business.
Much focus is put on the central bank to raise growth, and it can contribute through price stability and a stable financial system.
They say a stable financial system should take precedence, and they also want to know how effectively the system is working for customers.
This means, however, that a transfer of sovereignty to European institutions is unavoidable in order to impose effective fiscal discipline and guarantee a stable financial system.
Ever since the Dodd-Frank financial reform law was signed in July, the question has been whether it would actually lead to a stable financial system.
The rule of law and a stable financial system are both part of the expensive infrastructure of modern society that Mr. Dervis worries is underfinanced.
John Berry, artistic director of the ENO, expressed his regret but added that "a stable financial position is crucial to the company's future".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com