UK to Tweak Bank Ring-Fencing Rules for Global Competitiveness ...Middle East

Britain is set to revise its ring-fencing rules for banks, seeking to enhance the competitiveness of the banking sector, city minister Tulip Siddiq announced on Monday. Introduced after the 2007-09 financial crisis, these rules aimed to segregate consumer lending from riskier investment banking.

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Last updated : 14 October 2024 clock 02:24 PM

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