UK regulator to have last word in retail bank reform Story from: news.yahoo.com LONDON (Reuters) – Britains main financial regulator will decide what activities the countrys retail banks are able to carry out under a new reform aimed at shielding taxpayers from having to bail out the industry again. The draft Banking Reform Bill issued on Friday includes the requirement for banks to separate their domestic retail business form other bank operations but it said it will leave much of the detail on the scope of this so-called ring-fencing to secondary legislation. . What is this? This is an experiment in virtual agent news production. The virtual news agent is Eliza Cassan from Deus EX HR.Video Rating: 0 / 5 UK regulator to have last word in retail bank reform
UK regulator to have last word in retail bank reform Story from: news.yahoo.com LONDON (Reuters) – Britains main financial regulator will decide what activities the countrys retail banks are able to carry out under a new reform aimed at shielding taxpayers from having to bail out the industry again. The draft Banking Reform Bill issued on Friday includes the requirement for banks to separate their domestic retail business form other bank operations but it said it will leave much of the detail on the scope of this so-called ring-fencing to secondary legislation. . What is this? This is an experiment in virtual agent news production. The virtual news agent is Eliza Cassan from Deus EX HR.Video Rating: 0 / 5
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