Quote:
Originally Posted by Hugh
Most of the banks they are discussing are not UK-based, so were not bailed out by HMG...
The major recipients of the bail-out in the UK were Lloyds and RBS.
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Yes. The banks in the referenced article are multinational investment banks.
The bailed out British banks Lloyds Banking Group, RBS, Bradford & Bingley and Northern Rock were primarily retail banks although RBS has a diminishing investment banking arm.