Banking review set up 'to encourage good behaviour'

The Banking Standards Review was set up "to encourage good behaviour" in the industry, the author of the report told Good Morning Britain.

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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.