These are my links for December 15th:
- FT.com / Companies / Financials - Banks' crisis of identity leaves depositors in trauma - [A] UK bank is just another company. As such, its primary duty is to its owners.
[H]ow has the banks' duty to shareholders been discharged in practice?
In two words, stunningly badly. UK bank shares are almost all below their level of five years ago, in most cases disastrously so. Many may never recover previous peaks.
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