Commitment to UK banking industry shake-up hits stocks

UK banking stocks lost ground today after British business secretary Vince Cable said proposals for a radical industry shake-up would be accepted in full.

Commitment to UK banking industry shake-up hits stocks
Mon, 19 Dec, 2011 - 15:41

UK banking stocks lost ground today after British business secretary Vince Cable said proposals for a radical industry shake-up would be accepted in full.

Lloyds and Barclays were among the top fallers after confirmation they will be forced to implement the Independent Commission on Banking’s (ICB) reforms.

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