Reckless bankers should face jail in event of bailouts, UK report says
George Osborne rules out breaking RBS into a good bank and a bad bank
George Osborne rules out breaking RBS into a good bank and a bad bank
Parliamentary Commission on Banking Standards calls on government to hold senior officials personally responsible for malpractice
Department of Finance wasted no time in pouring cold water on idea
Lloyds also reportedly considering legal action against firm for failing to spot ‘black hole’ in accounts
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