Sir Mervyn King
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RBS: Sir Mervyn King suggests splitting up bank

Bank of England governor Sir Mervyn King has said there is a case for splitting up Royal Bank of Scotland.

He told the Banking Standards Commission that there was a "good bank, bad bank" within bailed-out RBS.

Sir Mervyn said the arguments for restructuring RBS "sooner rather than later are powerful ones".

Hugh Pym reports.

  • 06 Mar 2013
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