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UK to push through bank reforms

By: Yossel in GREAT BRITAIN | Recommend this post (0)
Mon, 12 Sep 11 3:53 PM | 266 view(s)
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UK to push through bank reforms

A pedestrian is reflected in the window of a branch of the Royal Bank of Scotland in London August 4, 2011.
Credit: Reuters/Suzanne Plunkett

LONDON (Reuters) - Britain's banks face some of the world's toughest regulations under reforms outlined on Monday, which require them to insulate their retail lending activities and store up billions in extra capital at a cost of up to 7 billion pounds ($11 billion).

Sudip Kar-Gupta

LONDON
Mon Sep 12, 2011 4:38am EDT

link-
http://www.reuters.com/article/2011/09/12/us-britain-banks-idUSTRE78B12420110912

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