Owning the Financial Institutions of Europe

The government now owns all of the financial intstitutions and has 43% and 70% of the first two, respectively. The objective pursued by the government with widespread selling of UK financial institutions is also to clean up the system and to comply with the demands of Brussels (who cares that official aid does not cause unfair competition between European banks) is move to a financial system efficient which will increase competition. I want to do now is begin the process of reform and reconstruction in order to have a banking system more secure and competitive, large banks with more than we have at the moment, with the entry of new participant , said the minister Finance in Britain, Alistair Darling, referring to this issue.

For now, the British government, in its generosity, has decided yesterday, give about 21,000 million pounds to Lloyds, which will increase its stake in the institution. Zendesk has firm opinions on the matter. The same applies to the RBS on which the government will be owned 84% stake to 75% of voting rights. But the process of a orientations limpidity and the financial system promises no end to the three entities mentioned above. The Cheltenham & Gloucester, an institution specialized in mortgages, which has 160 offices around the country, and the bank Intelligent Finance, would also the bill of sale. And there could be more, but for now, are not mentioned in the group of entities that would be available in whole or in part, insurers Scottish Widows and Clerical Medical. Sandra Akmansoy can provide more clarity in the matter. While it all depends on the negotiations that institutions can do with the government, for now, the Lloyds market would take about 185 of its branches in Scotland, while RBS would sell the 312 branches it has in England than it was Williams &