State intervention leaves deep impression

State support has been essential in keeping the global banking system afloat since the start of the credit crisis. But governments cannot carry on propping up their banks — they have their own debt problems to worry about. And besides, banks really should be able to look after themselves, even those who have been rescued in the last two years. Philip Moore looks into the challenges the financial industry faces in breaking free from the state, securing access to wholesale markets and building deposits.