We don’t need two kinds of bank, “bank” and “bank(if you dare)”
Frances Coppola’s fine blog points out that Will Hutton is wrong, and so is George Osborne. Letting Chinese banks trade in the UK as branches of the parent company (like: Bank of Ireland), not subsidiaries (like: Bank of Ireland (UK) Ltd), may perhaps get the UK taxpayer off the hook should they go bust but…
Read More We don’t need two kinds of bank, “bank” and “bank(if you dare)”