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Banks to get new watchdog in attempt to 'restore public trust'

A new watchdog will be set up to overlook the UK banking industry and "restore public trust" after scandals around Libor fixing and mis-selling of personal protection insurance. Recommendations will be announced in the Banking Standards Review.

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Interim chairman lists aims of new banking watchdog

The founder and interim chairman of the Banking Standards Review Council, Sir Richard Lambert, has outlined the main objectives of the new watchdog body.

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