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Tuesday, 13 September 2011
Vickers’ report calls for major reform of banking structure
The Independent Commission on Banking (ICB), backed by the Government and led by Sir John Vickers, has concluded that banks should ring-fence their retail banking divisions from their riskier 'casino' investment banking operations, to protect customer savings and prevent future taxpayer-funded bailouts. To find out more, read the article on the Bourner Bullock website.