Duncan AshQliktech - London
30 June 2011 | 3236 views | 0 | Recommends 0
The Independent Commission on Banking's (ICB) plans to ring fence the UK retail operations of universal banks to protect business lending and depositors assets
have been highly publicised in recent weeks. However, one problem with this proposal is that, with the notable exception of HSBC, no UK universal bank has enough retail deposits to cover r...