UK Banking Commission proposes adoption of Volcker Rule

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A report published in June by the Future of Banking Commission, an independent UK body, addresses banking reforms in the United Kingdom, and proposes a more stringent version of the Volcker rule as a solution to the "too big to fail" problem.

The report said compulsory separation of banking activities has the potential to solve many current and persistent problems and that the government should urgently consider a structural solution to the problems caused by large, integrated banks.

The

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