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VIDEO:News

UK Gets Tough on Rule-Breaking Banks

Description:Rigging the Libor interest rate, paying big bonuses and breaking money laundering laws. Just a few of the scandals to hit banking since the start of the financial crisis. The UK government is now shaking up its regulation system - to try and prevent future taxpayer-funded bailouts. (2:26)

Source: Reuters

Tags: reuters , barclays , finance minister , george osborne

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