UK banking commission keen on ring-fencing retail operations

city-of-london

A commission set up to recommend how the UK's financial landscape should be redrawn has backed capital ratios of at least 10% and the ring-fencing of banks' retail operations.

Independent Commission on Banking said in its interim report, out on Monday, that while both retail and investment banking carried risks, they presented somewhat different policy challenges. "For the most part, retail customers have no effective alternatives to their banks for vital financial services," it said. "Customers

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.