Financial Regulatory Forum

UKFI to outline bank stake sale plan Thurs-paper

Lloyds and Royal Bank of Scotland  LONDON, July 5 (Reuters) – The body in charge of Britain’s stakes in Lloyds Banking Group and Royal Bank of Scotland Group, will this week downplay expectations of a quick sale of the shareholdings, according to The Sunday Telegraph.

Bank bail-outs promote ‘deglobalisation’-WTO chief

Pascal Lamy    LONDON, July 6 (Reuters) – Government bail-outs of the world’s big banks pose a threat to free trade, Pascal Lamy, head of the World Trade Organisation (WTO), told the Financial Times newspaper in an interview on Monday.