Tuesday, Nov 03, 2009

Future Changes for RBS, Lloyds and Northern Rock to be Announced

E1 News: Future Changes for RBS, Lloyds and Northern Rock to be Announced

Today, on November 3rd, the Government will reveal the final details of the future of 3 UK banks that received state aid earlier this year: Northern Rock, Lloyds Banking Group, and Royal Bank of Scotland.
Let us remind that the state aid to these banks, which amounted to £585 billion in insurance policy, was granted on a condition that UK banks commit themselves to a number of changes to improve competition.

Posted by uch1405 @ 09:04 AM (530 views)
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