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Independent Scotland has parallels with Iceland, warns S&P
Scotland could end up with a banking system much like that of Iceland on the eve of the financial crisis if it votes for independence, according to a warning from one of the world's leading rating agencies.
Banks in independent Scotland at risk of Iceland-style collapse  
Ratings agency: banks in independent Scotland risk Iceland-style meltdown  
Market Chart
6,715.89 +41.15 (0.62%)
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Top stories

Lloyds Banking Group has appointed former Prudential UK chief executive Nick Prettejohn as chairman of Scottish Widows. Prettejohn, who was until recently a non-executive director of the Prudential Regulation Authority, will take on the role at the pension ...
LONDON--Building materials firm Travis Perkins PLC (TPK.LN) said Thursday it has started 2014 in line with expectations with like-for-like sales growth of 12.7%, and remains on course to meet the targets set out in February.
Facebook profits have almost tripled after it revealed that nearly half the world's internet population uses the social network.
Barclays' shareholders are gathering for the bank's annual general meeting in London as anger rises over its plans to pay higher bonuses.
... * Anti-PD-L1 product and three other drugs into Phase III. * Q1 core earnings per share $1.17 vs consensus $1.20. * Q1 sales $6.42 billion vs consensus $6.37 billion.

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