The FSA recently published its feedback to comments made on their Turner report on the global banking crisis.
He said people should wait for Adair Turner's report on the issue, due in the Autumn, to get the full facts on the issue.
But the government hasn't made up its mind yet, we're still consulting and looking and the detail of Lord Turner's report and we'll be producing our proposals very soon.
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CNN's Lauren Russell, Denise Quan and Nischelle Turner contributed to this report.
CNN's Denise Quan and Nischelle Turner contributed to this report.
One of Mr Hutton's first jobs will be to deal with the final report of Adair Turner's Pensions Commission, due at the end of the month.
At Microsoft, he will report to Chief Operating Officer Kevin Turner.
Mr Barber said there was wide support among unions for many of the basic elements put forward by Lord Turner's Pension Commission in its recent report.
The scale of the challenge facing the new incumbent, whoever they are is laid clear in the report by the University of Wales' Richie Turner.
Mr Turner said S4C had made progress implementing the changes recommended in his report.
BBC: Staff views 'challenging' for S4C after external review
In the June 8 Wall Street Journal, Grace-Marie Turner, President of the Galen Institute, estimated based on the numbers in the McKinsey report that as many as 78 million Americans would lose their employer provided coverage.
"We have to take these comments very seriously, and report it to the higher authorities in regards to potential economic impact, " Mr Turner said.
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