WASHINGTON (AP) — President Barack Obama asked Congress on Tuesday to create a new agency to police the fine print on consumer products like credit cards and mortgages and determine what fees, penalties and interest rates are fair….
The veteran banker, who stepped down from being chairman of Citigroup in February, has been asked to steer Lloyds Banking Group through the process of integrating HBOS
RBS was ‘highly dangerous’ to Europe’s single market and too complex to understand, Neelie Kroes, EU competition commissioner, warned as she stressed the need for significant asset sales there and at Lloyds
dgilder posted a photo:

Stock photo of the wood frames of a new urban housing development under construction against a blue sky with white clouds.
The UK economy shrank by 2.4 per cent and the most in more than half a century in the first quarter, according to revised figures which were much weaker than originally estimated
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