|
Britain to break up banks
The British government moved to break up the country's two biggest retail banks, imposing a major shake-up on the financial sector as it exacts payback for last year's massive state bailout at the height of the financial crisis. The government also injected billions of pounds more of taxpayer funds into Royal Bank of Scotland and Lloyds Group, underscoring worries the banking sector is not out of trouble yet.
Write a letter to the editors |
Subscribe to a newsletter |
Subscribe to the newspaper
|
yesterday's most emailed
9. Two costly?
|