The Prime Minister's spokesman has said that Co-operative Group's decision not to buy more than 600 branches from Lloyds was a matter for the two companies.
But on the wider point of banking reform, he told me:
I think that there are reforms in thefinancial arena that have made the UK financial sector safer and stronger and anumber of measures are benefitting consumers including through choice.
The Co-op reportedly cited regulatory requirements as one of the reasons for the collapse of the deal.
More top news
Imposing age ratings on music videos is a step in the right direction but it's currently impossible to police endless inappropriate content.
A body has been found in Ireland in the search for one of the so-called Disappeared, 23-year-old Brendan Megraw killed in 1978.
The position, posted on the British Monarchy website, pays £16,000 a year for 20 hours a week.