What Would Scottish Independence Mean for Banking? – InternationalBanker

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What Would Scottish Independence Mean for Banking?

As such, the majority of the Scottish banking sector will be represented by non-Scottish institutions. According to Charlie Parker, managing director at investment management firm Albemarle Street Partners, moreover, should Scottish banks remain in Scotland, they would miss out on the quantitative-easing funds being dispensed by the Bank of England (BoE) at present as well as become less creditworthy.

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