Ring-Fencing May Drive Banks From U.K.

01 Nov 2012

Forcing U.K. banks to ring-fence their retail and investment banking operations will likely drive them out of the country, according to Martin Taylor, a member of the Independent Commission on Banking that has recommended the split.

Forcing U.K. banks to ring-fence their retail and investment banking operations will likely drive them out of the country, according to Martin Taylor, a member of the Independent Commission on Banking that has recommended the split.

Click here to read the story from Reuters.

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