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Darling prepares to unveil bank shake-up

Source: The independent
Brussels : Belgium | about 1 month ago  
Views: 35
  • The sign on a Bank of America branch is seen across the street from the U.S. Treasury Department in Washington
    The sign on a Bank of America branch is seen across the street from ...
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  • The British government is set to approve refinancing plans for part-nationalised banking group Lloyds TSB
    The British government is set to approve refinancing plans for part-...
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  • European commissioner for competion Neelie Kroes
    European commissioner for competion Neelie Kroes
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    EU Commissioner Kroes delivers a speech in Brussels
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The sign on a Bank of America branch is seen across the street from ...
Chancellor Alistair Darling will this week unveil his proposed overhaul of the UK banking system which includes breaking up Lloyds and Royal Bank of Scotland and bringing "at least" three new banks to the high street. Mr Darling is preparing to announce the Government's plan for the...
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  • News Source: The independent | 28 days ago
    Chancellor Alistair Darling will this week unveil his proposed overhaul of the UK banking system which includes breaking up Lloyds and Royal Bank of Scotland and bringing "at least" three new banks to the high street. Mr Darling is preparing to...
  • News Source: The Scotsman | 28 days ago
    Scottish businessmen is in talks to buy the TSB business from Lloyds Banking Group when it is sold as part of the planned break-up of the company. The Scotsman has learned that high-level talks are taking place between the businessmen, senior...
  • News Source: The Scotsman | 28 days ago
    Bank of Scotland boss Stephen Hester and Marks & Spencer's Sir Stuart Rose will be among the leading figures debating "the shape of things to come" at the CBI's annual conference on 23 November. Speakers at the event include Conservative Party leader...
  • News Source: The Scotsman | 28 days ago
    Hester, Royal Bank of Scotland's chief executive, has drawn a "red line" around the group's valuable US retail banking arm as the European Union draws up plans to downsize the group. RBS is understood to regard Citizens as critical to the bank...
  • News Source: The Scotsman | 28 days ago
    Yes – it could see the emergence of a Scottish buyer for the Lloyds TSB branches in Scotland that are likely to be up for sale...Thomson is close to First Minister Alex Salmond and such a move would enjoy strong moral support from the...
  • News Source: The Guardian | 28 days ago
    But a rebranded high street with several new banks will be difficult to achieve without taxpayers losing billions of pounds, senior City figures warned tonight. Potential buyers are expected to tell ministers they are looking for bargains in the sell-...
Blogs
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  • Blog Source: www.sfexaminer.com
    That figure would include all of Northern Rock's 100 or so branches, as well as some of the Lloyds Banking Group PLC's approximately 3000 branches and just over 2200 branches operated by the Royal Bank of Scotland Group PLC. ...
  • Blog Source: blog.taragana.com
    The assets being sold off would be reserved for new entrants to the British banking market, effectively creating three new banks over the coming years. Treasury chief Alistair Darling said the move was in the interest of competition. ...
  • Blog Source: www.sfexaminer.com
    The government has significant stakes in both RBS and Lloyds Banking Group. The European Union has kept a wary eye on efforts by Britain and other governments to prop up their banks, warning that it may call on banks that got public ...
  • Blog Source: www.concept-team.ch
    The European Union's competition commissioner, Neelie Kroes, has focused on RBS shedding its insurance division, while the Treasury wants the bank to withdraw from much of the wholesale banking businesses that triggered the bank's near ... Ministers
  • Blog Source: www.financemarkets.co.uk
    Meanwhile this weekend, it has been confirmed by Chancellor of the Exchequer, Alistair Darling, that Lloyds Banking Group, Royal Bank of Scotland (RBS) are to broken up. The new banks will be standard retail banks, focusing on deposits ... According
  • Blog Source: thejakartaglobe.com
    UK Bank Sector Set For Major Shake-Up. London. The Royal Bank of Scotland, Northern Rock and Lloyds Banking Group are to sell off as many as 700 branches in the next few years in exchange for the public aid they received during the ...
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