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Proceeding contribution from Lord Myners (Labour) in the House of Lords on Tuesday, 3 November 2009. It occurred during Ministerial statement on Banking Reform.


Banking Reform

My Lords, from recollection, I believe that the Royal Bank of Scotland will be left with approximately 2,400 branches. The branches that are being divested are the Royal Bank of Scotland branches in England and the NatWest branches in Scotland—plus, importantly, a number of commercial and service centres that are necessary to provide the infrastructure to make those branches a viable business collection.


Secondary information

Type
Proceeding contribution
Reference
714 c150 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Assets Banks Competition Finance Fees and charges Insurance Government assistance Government shareholding Private sector Pay Loans Sales Regulation Taxation Reorganisation Royal Bank of Scotland Northern Rock Asset protection scheme Lloyds Banking Group
Link
View this Proceeding contribution on www.publications.parliament.uk