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BRITAIN-FINANCE-BANKING-SECTOR-COMPANY
A branch of Lloyds Banking Group is pictured on Oxford street in central London, on April 11, 2011. British banks need to ringfence their retail operations from investment bank activities, the Independent Commission on Banking said Monday in a report aimed at preventing more state bailouts. Many of Britain's banks were ravaged by the global financial crisis, resulting in the nationalisation of Northern Rock and multi-billion-pound rescues of Royal Bank of Scotland (RBS) and Lloyds Banking Group. Lloyds was ravaged by its 2008 takeover of Halifax Bank of Scotland (HBOS), which was saddled with toxic or high-risk investments in the property sector. AFP PHOTO / BEN STANSALL
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Detalii fotografie |
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London, Greater London, UNITED KINGDOM |
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| Sursa: |
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AFP / Mediafax Foto |
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| Fotograf: |
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BEN STANSALL |
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| Data: |
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11 Aprilie 2011 |
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| Dimensiuni: |
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3000 x 1996 (1.04 MB) |
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