Any shake-up of British banks may not come into force for several years, government sources have indicated. Although legislation could be passed to "split up" leading banks before 2015's scheduled general election, changes may not take effect until after that date.
Business Secretary Vince Cable has said changes will go ahead and denied any splits with the Tories on the issue.

The CBI said taking action now could starve businesses of the capital they needed and damage the recovery. But Mr Cable said that suggestion was "disingenuous in the extreme" and accused bankers of "trying to create a panic about something they know has got to happen". Ensuring taxpayers are not liable for any future losses or bank collapses, and ring-fencing banks' retail operations, are among the proposals.

'Press ahead'
The Independent Commission on Banking's final recommendations are due on 12 September. In its interim report published in April, the commission - chaired by former Bank of England chief....Read more on this story: BBC News - Banking reforms