Senior excutives from Barclays, HSBC, Lloyds Banking Group, RBS, Santander UK and Standard Chartered were given the warning at a private meeting with the FSA head. The Financial Services Authority(FSA) is the regulator of the financial services industry in the UK http://www.fsa.gov.uk/
read full: http://news.sky.com/home/business/article/16121121
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