UK banks face stricter retail ringfence than feared

UK banks face stricter retail ringfence than feared The ringfence to be put around Britain’s retail banking operations – the core recommendation of the government-appointed Vickers Commission – will be far stricter than many bankers had anticipated, according to people familiar with the report
http://link.ft.com/r/73UJGG/2O0GEP/OJS3XZ/26BEMV/L99WAB/4O/h?a1=2011&a2=8&a3=4