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Protecting the customer

15 December 2014

Protecting the customer  - read more about ring fencing

Ring-fencing two parts of a bank may be a fair-weather solution

The Independent Commission on Banking (ICB) investigated the UK banking system in response to the global banking crisis of 2008. Its final report was published in September 2011. An interim report had caused considerable disagreement but the ICB made several recommendations to improve financial stability and increase competition. This included ‘ring-fencing’ – separating ...

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