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
Paramedics were called to reports of an unresponsive baby girl on a bus in east London - she later died in hospital.
Government ministers from the UK, France and China attended the event.
Tonight investigates the increasingly sophisticated methods criminals are using to target the elderly and defraud them of their savings.