U.K. Banks Win Reprieve on Conduct, Separation Regulations

Updated on
  • Government Dumps `Guilty Until Proven Innocent' Banker Rule
  • U.K. Banks May Need $5.1 Billion of Capital for Ring-fencing

The U.K.’s largest lenders breathed a sigh of relief as the government softened conduct rules and the Bank of England revealed that banks will face a “limited” capital gap when they’re forced to separate consumer banking from investment operations.

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