UK retail banking in need of transformation

After a two-year investigation the Competition and Markets Authority (CMA) has published provisional recommendations to improve retail banking in the UK. It’s a sector that deserves attention but once again a golden opportunity to perform a radical overhaul of the existing market has been shunned in favour of a more modest set of anticipated outcomes. It mirrors the same timid way the Independent Commission on Banking balked at proposing wide-ranging structural and non-structural reforms to the wider bankin

Source: UK retail banking in need of transformation

Leave a Reply

Your email address will not be published. Required fields are marked *