Governor of the Bank of England Mark Carney has warned that there is a "distinct possibility" that the Royal Bank of Scotland would have to move outside of Scotland in the event of a vote for independence.
Speaking to MPs on the Treasury select committee, Mr Carney said European laws require banks to have their head offices in the same member state as their registered offices. Asked if RBS would have to move to the remaining UK if voters backed independence, he said:
It's a distinct possibility but I shouldn't prejudge it.
It depends on their arrangements as well, if they were to adjust more into Scotland the minor management of the institution.
More top news
The First Lady's masterly performance, combined with Bernie Sanders' impressive speech, saved a convention that was fraying at the edges.
The High Court will hear a legal challenge to Labour's decision to guarantee Jeremy Corbyn a place on the party's leadership ballot.
Russian Foreign Minister Sergei Lavrov brushed aside accusations that Moscow was behind the hacking of internal Democratic Party memos.