In-depth and lengthy review ahead on UK retail banking, says Eversheds
Lesley Farrell, partner at Eversheds, has commented on the news that UK banks are facing a full-scale Competition and Markets Authority (CMA) probe. She said: ‘The CMA considers that there are similarities in the competition issues that arise in relation to both personal current accounts and SME lending and is proposing a “joined-up in-depth review” of both sectors.’
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