Change looks certain in the way banks operate
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Review chairman indicates changes likely for banks

The head of the commission looking at the ways Britain's banks conduct themselves has indicated major changes are on the way.

Sir John Vickers said structural reforms were needed to make them less likely to fail.

In a speech in London, Sir John made the case for forcibly separating banks into retail, and more risky, investment banking divisions.

The BBC's business correspondent Joe Lynam reports.

  • 22 Jan 2011