Incorporating HC 1534, session 2010-12We do not believe that a retail ring-fence will materially further enhance the stability of banks. To the ... Implementation of a ring-fence will add to the cost of UK banking operations. Higher funding costs, for example, will have an impact on the cost and availability of lending to customers. ... cost of the unsecured finance in the wholesale division of banks will be due to the removal of so-called astate supportaanbsp;...
|Title||:||Independent Commission on Banking Final Report|
|Author||:||Great Britain: Parliament: House of Commons: Treasury Committee|
|Publisher||:||The Stationery Office - 2012-11-12|