The Big Picture – ‘Too Big to Fail’
Britain’s “too-big-to-fail” banking groups could be forced to hoard billions of pounds of extra capital as an insurance against future financial crises, after Alistair Darling decided against splitting them up.
We, at Step-Up Finance, wonder whether this is a reason, or an excuse, as to why the Banks are currently reluctant to lend, despite being awash with cash.