Schroders Warns U.K. Treasury on Bank Rules, Telegraph Says

Schroders Plc (SDR) warned the U.K. treasury that excessive regulation could put off investors from investing in banks, the Sunday Telegraph reported, citing an interview with Richard Buxton, head of U.K. equities.

Government-backed plans to put firebreaks around retail banking aren’t detailed enough for investors to understand their likely impact, he said, the newspaper reported.

To contact the reporter on this story: Howard Mustoe in London at

To contact the editor responsible for this story: Edward Evans at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.