Bank Commission Proposes New Bank Rules

New proposals to make sure U.K. taxpayers no longer have to pay for banks’ failures have been praised by British Chancellor George Osborne.
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Bank Commission Proposes New Bank Rules
An HSBC branch in central London. Britain���¢�¯�¿�½�¯�¿�½s banks will have to make costly structural reforms after the Independent Commission on Banking (ICB) said banks should 'ring-fence' retail operations and increase capital reserves. Carl Court/AFP/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/124744510.jpg" alt="An HSBC branch in central London. Britain���¢�¯�¿�½�¯�¿�½s banks will have to make costly structural reforms after the Independent Commission on Banking (ICB) said banks should 'ring-fence' retail operations and increase capital reserves. (Carl Court/AFP/Getty Images)" title="An HSBC branch in central London. Britain���¢�¯�¿�½�¯�¿�½s banks will have to make costly structural reforms after the Independent Commission on Banking (ICB) said banks should 'ring-fence' retail operations and increase capital reserves. (Carl Court/AFP/Getty Images)" width="320" class="size-medium wp-image-1797398"/></a>
An HSBC branch in central London. Britain���¢�¯�¿�½�¯�¿�½s banks will have to make costly structural reforms after the Independent Commission on Banking (ICB) said banks should 'ring-fence' retail operations and increase capital reserves. (Carl Court/AFP/Getty Images)
Louis Makiello
Louis Makiello
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