UK banking sector faces overhaul

Monday, 12 September 2011

Crisis and reform: the City of London from Canary Wharf
The UK’s Independent Commission on Banking (ICB) has today released its recommendations on how the country’s banking sector should be made more competitive.

Major divestment needed to boost financial sector, says UK banking commission

Premium Article - Monday, 11 April 2011

The UK’s Independent Commission on Banking has called for greater divestments from high-street bank Lloyds TSB to help improve competition in the banking sector. 

Fingleton backs investigation of banking break-up

Premium Article - Friday, 21 January 2011

John Fingleton
The head of the UK’s Office of Fair Trading has backed the Independent Banking Commission’s investigation of whether banks allowed to merge during the financial crisis should be broken up or restructured to increase competition in the banking sector. 

UK Competition Commission official moves in-house

Premium Article - Monday, 13 December 2010

Chloe MacEwen
Chloe MacEwen is moving to Lloyds Banking Group’s new in-house competition team as head of competition. She will join on 10 January from the UK’s Competition Commission where she is director of policy.

Grogan leaves SJ Berwin for private sector

Premium Article - Monday, 08 November 2010

Grogan leaves SJ Berwin partnership
SJ Berwin LLP has lost London competition partner Niamh Grogan to Lloyds Banking Group, where she will begin in December as in-house counsel.

DG Comp clears Lloyds restructuring

Premium Article - Wednesday, 18 November 2009

The European Commission has today approved a restructuring plan for Lloyds Banking Group.

UK government unveils banking bailout scheme

Premium Article - Tuesday, 03 November 2009

UK Chancellor of the Exchequer Alastair Darling today unveiled agreements with RBS and Lloyds over their participation in the government’s Asset Protection Scheme (APS).

Barclays wins PPI challenge

Premium Article - Friday, 16 October 2009

Barclays wins PPI challenge
The UK’s Competition Commission will have to revisit its report on the payment protection insurance market after Barclays won part of its appeal against the authority’s conclusions.

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