UK relaxes separation of investment and retail banking
Cinco bancos están afectados por la normativa, Santander entre ellos. Leer
The UK government is planning changes to the 2013 Financial Services Reform Act, which requires certain banks to separate their retail and investment activities. The changes aim to increase financing for businesses and promote growth, with a proposed "growth allowance" that could unlock up to £80 billion in financing. The new rules would allow banks to use their liquidity more flexibly and would apply to five banks: Barclays, HSBC, Santander, NatWest, and Lloyds Banking.
A consultation on the plans is expected to be published next summer. The changes have been welcomed by the banking sector, with Santander UK's CEO saying they are a step in the right direction.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
