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Ten ways the ICB report will change UK banking

Financial News outlines the 10 ways in which the Independent Commission on Banking, led by Sir John Vickers, aims to change the way UK banks operate and the impact this will have on their business models

By

Matt Turner

The Independent Commission on Banking, led by Sir John Vickers, has delivered its final 363-page report on reforming the UK banking sector. Financial News looks at the 10 ways in which the ICB aims to change the way the country's banks operate.

1) Retail and wholesale activities will be ring fenced

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