ICB could call for Lloyds break-up - Telegraph

ICB could call for Lloyds break-up - Telegraph: "Clare Spottiswoode, the former gas regulator, said a break-up of Lloyds could potentially be on the cards if the ICB decided to call for a “reversing” of Lloyds’ takeover of HBOS in late 2008.
Regulators are concerned that the retail banking market is controlled by too few players and Ms Spottiswoode took the opportunity to signal the ICB’s intentions as she chaired the body’s first public meeting at Leeds University Business School.
Peter Moizer, dean of Leeds Business School and a former member of the Competition Commission, made clear that he had been dismayed by the decision in late 2008 to waive competition concerns to allow Lloyds TSB to acquire HBOS."

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