How Britain’s banks will never be the same again

(The Independent): The party’s over. Yesterday’s extraordinary set of Government measures to bolster the banking system will change how the sector operates, firmly closing the door on the era of excess in the financial industry. After more than a year of telling the banks to put their own houses in order, the authorities were finally forced by tumbling share prices and seizure in the money markets to come to the industry’s rescue. Go to article