The Government will today announce plans to inject a further 40 billion of taxpayers money into Royal Bank of Scotland and Lloyds Banking Group as part of a fresh, wide-ranging restructuring of the UK banking sector.
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The plan for the partial break-up of Britain’s two state-owned banking behemoths is now public, rather than simply speculative, providing a few investment options for National Australia Bank in a banking market where...
THREE new banks are to appear on the UK's high streets as part of a major break-up of the financial sector to be announced by the UK this week. UK Chancellor Alastair Darling will this week announce that Royal Bank of Scotland...