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Back to Home » September 2011 News » UK report: banks should split retail, investment |
UK report: banks should split retail, investment |
September 12, 2011
LONDON (AP) -- Major British banks should ringfence investment banking operations from mainstream activities by 2019 to reduce the risks of taxpayers having to bear the cost of any future bailouts, a government-appointed commission recommended on Monday....
Source URL: http://hosted.ap.org/dynamic/stories/E/EU_BRITAIN_BANKS?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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