Competition the Key As Britain's Biggest Banks Forced to Put Assets Up for Sale Rbs and Lloyds Among Biggest Losers Under Ec Rules Rbs and Lloyds Among Biggest Losers Under Ec Rules Analysis
The Herald › November 02, 2009
Linked as:
Summary
THE UK's battered banking industry is on the verge of another profound upheaval that could result in three new players jockeying for a slice of the lucrative market to provide mortgages and bank accounts for consumers.
The changes are being made to satisfy a Dutch businesswoman, Neelie Kroes, who has one of the biggest jobs in Europe. As the member of the European Commission who is responsible for overseeing competition, Ms Kroes has to make sure that companies are complying with EU rules that are intended to ensure a level playing field across the continent.See the full content of this document
Extract
Competition the Key As Britain's Biggest Banks Forced to Put Assets Up for Sale Rbs and Lloyds Among Biggest Losers Under Ec Rules Rbs and Lloyds Among Biggest Losers Under Ec Rules Analysis
She is concerned that ministers rode roughshod over competition rules when they pushed through the effective takeover of HBOS by Lloyds TSB to create Lloyds Banking Group ...
See the full content of this document
Sponsored links
