U.K. Green-Lights Ring-Fencing

19 Dec 2011

The U.K. government has formally approved plans to separate retail and investment banking operations by 2015.

The U.K. government hasformally approved plans to separate retail and investment banking operations by 2015. By doing so, the U.K, has endorsed ring-fencing proposals made by the Independent Commission on Banking in September.

Click here to read the story from Reuters.

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