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British government backs major bank shake-up

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Published on Dec 20, 2011

http://www.euronews.net/ It is the UK's biggest financial shake-up for years.

Britain plans to reform its banks, forcing them to set up barriers between their retail operations and riskier investment arms.




The aim of better protecting ordinary customers in any future crisis was outlined in parliament by the Chancellor of the Exchequer, George Osborne.

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