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Osborne Backs Ring-Fencing Retail Banks

George Osborne, the U.K.’s Chancellor of the Exchequer, has thrown his support behind the Independent Commission on Banking proposals that would require high street banks to ring fence their retail operations to minimize risk of a future crisis, reports The Guardian.

June 16, 2011
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U.K. Banks Still Under Pressure To Cut Bonuses

A day after the U.K. prime minister said the government was abandoning its effort to get banks to slash bonuses, George Osborne, the chancellor of Exchequer, says he will still pressure them to comply, reports Bloomberg.

January 13, 2011
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U.K. Ups Banks Taxes To Raise £800M

U.K. Chancellor, George Osborne, has increased the government bank levy by £800 million.

February 09, 2011
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Northern Rock Sale To Fetch £1B

Chancellor George Osborne has launched the sale of Northern Rock.

June 15, 2011
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U.K. Bank Bonus, Lending Rules Unveiled

George Osborne, the U.K.’s Chancellor of the Exchequer, has unveiled details of Project Merlin, the new bonus and lending rules for banks, reports Citywire.

February 10, 2011
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U.K. Banks Agree To Pay Lower Bonuses

U.K. Chancellor, George Osborne, has signed a deal with some U.K. banks over bonuses.

February 10, 2011
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