Double trouble: UK banks face threat of twin ringfences


For UK banks, ring-fences might be compared to buses – no sign of one for decades, then two come along at once. Unfortunately for them, this double ring-fence could mean double trouble.

In September 2011, the UK’s Independent Commission on Banking (ICB) produced the Vickers report, which recommended the UK retail operations of domestic banks be fenced away from their trading activities by 2019, and subject to higher minimum capital requirements (Risk October 2011, pages 70–72). Just over a year

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here