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BoE's Haldane threatens bank breakups to enforce ring fencing
The possibility of breaking up the UK's biggest banks should be considered a means of encouraging them to properly implement ring fencing, said Andy Haldane, executive director of financial stability at the Bank of England. Haldane called on Parliament to put such a provision into law to reinforce the threat.
The Telegraph (London) (tiered subscription model) (07 Nov.), Reuters (07 Nov.)
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