Break Up RBS, Barclays While There’s Still Time: Matthew Lynn
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When is a good time for the British government to take a sledgehammer to the financial system and break up banks such as Royal Bank of Scotland Group Plc and Barclays Plc?
Not when they are teetering on the edge of bankruptcy and there is a risk of killing them. And not when lenders are raking in billions in profits because they will be too powerful.