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Archbishop of Canterbury, on bank reform panel, calls for a bank breakup

By William James LONDON (Reuters) - At least one of Britain's major banks should be broken up into smaller regional lenders, the Archbishop of Canterbury, who sits on an influential banking reform committee, said on Monday. Justin Welby, spiritual head of the Anglican Church, spoke in a personal capacity, but his comments offer insight into the thinking of the Parliamentary Commission on Banking Standards which has the role of cleaning up Britain's banking culture.
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