TITLE

6 Largest U.K. Banks OK Small-Firm Lending Kitty

PUB. DATE
October 2010
SOURCE
American Banker;10/14/2010, Vol. 175 Issue 158, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the six largest banks in Great Britain had pooled their resources to create a $2.7 billion fund for small business loans, after being criticized for receiving approximately $1.4 trillion in government bailouts and giving some $9.7 billion of it to their employees as bonuses.
ACCESSION #
54457732

 

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