Commentary and Analysis

​Comment: Brexit could force UK banks to recast ringfencing exercises
Author:Hugo Coelho

In Brief

Large UK banks are following through with plans to hive off retail services from riskier investment units, in one of the major changes to their businesses following the financial crisis. But it is less than certain that the new structures can withstand the test of Britain leaving the EU, and lenders may have to recast this ringfencing exercise.