Aug 9, 2010

market review

U.K. banks review business lending market
LONDON (marketWatch) -- The U.K.'s six biggest banks are launching a taskforce that will review the country's business lending market, following claims that lenders have been refusing credit to smaller companies. In a letter to U.K. Chancellor George Osborne, HSBC Holdings Chairman Stephen Green said banks recognize that "there is a real need to make sure that viable businesses are able to ...

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