He also criticised the combination of ordinary banking, such as business lending and mortgage payments, and so-called casino banking
Lib Dem Treasury spokesman Vince Cable has said large banks such as Lloyds and RBS should be broken up as they pose too great a risk to the taxpayer. ...
Mr Cable said it was unhealthy to have banks of that scale.
He said they should be split up before they are returned to private ownership.
Why is the Labour government so timid when this is clearly what ought to be done?
"These two things should not co-exist in the same institution ....
"It is highly unstable. It means the British taxpayer is underwriting very dangerous high-risk activities, so for that reason alone they should be split up."