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Page last updated at 06:59 GMT, Wednesday, 15 June 2011 07:59 UK

'Fundamental change' in banking

In his annual Mansion House speech, the Chancellor George Osborne is expected to say that banks should ring-fence their retail operations in order to keep them separate from the riskier investment side of their business.

Business editor Robert Peston previews the "very fundamental change" which will "split banks."

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