Page 42 - TSB G Case Study
P. 42

Diagram 1. Ref (12, 13)


                 The four largest banks — HSBC, Barclays, RBS and Lloyds

                 Banking Group — control about 80 per cent of the

                 business current account market. (14)


                 The £45bn bailout of RBS by the UK Government was

                 considered State Aid by the EC. To ensure that RBS did

                 not gain an unfair advantage over other banks, it had to

                 take measures to reduce its size and market share. To
   37   38   39   40   41   42   43   44   45   46   47