Reuters: Regulatory News: PRESS DIGEST - British Business - Aug 15

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PRESS DIGEST - British Business - Aug 15 Aug 15th 2013, 00:15 Wed Aug 14, 2013 8:15pm EDT Aug 15 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. Two former JP Morgan bankers face up to 25 years in prison after American prosecutors filed criminal charges over their role in the $6.2 billion "London Whale" trading scandal. Mark Carney's flagship low interest-rate policy was challenged yesterday as jobs data suggested that the economy is gaining strength and divisions surfaced among members of the Bank of England's rate-setting committee. The Bank of England is expected to take further action to ensure interest rates remain low after last week's pledge failed to sway the market. The cost of splitting Royal Bank of Scotland into a "good bank" and a "bad bank" would outweigh the benefits, according to Fitch Ratings. Outgoing governor treated with three separate events, a portrait of himself, a silver napkin holder, and a sculpture of Goethe. ()

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