Tuesday 21 February 2012

Pressure growing for a real bank break-up

RBS seems unlikely to be in a fit state to sell off any time soon.  The very least the Treasury should do is investigate whether it might be more profitable, or more beneficial, if it was broken up to create the regional banking infrastructure the UK economy so badly needs:

http://neweconomics.org/blog/2012/02/21/the-pressure-is-growing-for-a-real-bank-break-up

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