Saturday, January 22, 2011

UK Banking Commission will Consider Breaking up Nation's Biggest Banks

UK Banking Commission will Consider Breaking up Nation's Biggest Banks: "
by Jill Treanor

A carve-up of big banks is firmly on the agenda, the chairman of
Britain's Independent Commission on Banking made clear today, even as he
ruled out the most radical solutions designed to avoid the necessity of
another multibillion-pound bailout of the financial sector.

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