(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).
UK To Push Through Bank Reforms
|
September 12, 2011 2:56 a.m.
Start your day with TPM.
Sign up for the Morning Memo newsletter