RBS and Santander fear bank reform costs are 'understated' - Telegraph.co.uk

Telegraph.co.ukRBS and Santander fear bank reform costs are 'understated'Telegraph.co.ukRoyal Bank of Scotland and Santander fear the official cost of UK banking reforms is too low, Government documents revealed on Thursday. RBS, which is 83pc state owned, also said the ICB cost estimate "is likely to be understated. ...Cost of bank reform underestimated - lendersReuters UKLords say banks see Vickers reform as “done deal”FT AdviserSantander May Scale Back UK PresenceWall Street

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