0827 GMT - The removal of the ring-fencing regime for U.K. banks could save around 1.5 billion pounds for the sector by scrapping operational, funding and other costs, RBC Capital Markets says in a research note. The CEOs of some of the country's top lenders wrote to the government asking it to abolish this regime, which requires banks with a certain level of core deposits to legally separate their retail banking activities from other operations. "We estimate that circa 160 billion pounds of excess liquidity is currently sitting in U.K. ring-fenced banks," analysts write, noting that this high quantity is likely due to several factors such as years of quantitative easing and higher savings since the pandemic. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
May 16, 2025 04:27 ET (08:27 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。