Table of Contents
Executive Summary .................................................................3
Government intervention – Comparing the mechanisms and
effect..........................................................................................5
UK bank intervention ...............................................................8
European Bank Intervention..................................................16
US Bank Intervention .............................................................20
Future of bank business models — How the landscape will
look post government intervention.......................................23
Valuation .................................................................................33
Barclays ..................................................................................40
Lloyds Banking Group...........................................................42
RBS..........................................................................................44