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FSA final notice for Mortgage Times

The FSA has issued Mortgage Times with a final notice, revealing the network is in breach of its regulatory capital requirements with a shortfall o£971,060.

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Myners says UK will not follow US bank break-up

City Minister Lord Myners has defended the UK’s handling of the banking crisis and insisted the UK should not follow US president Obama’splans to separate retail and investment banking. Last week, Obama announced “the Volcker rule” which will limit the scope of banks and ensure that no financial institution that contains abank will own, invest […]

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