"Funding is as big a constraint on lending as capital is," notes Huw van Steenis, an analyst at Morgan Stanley.

“资金对放贷也是一个大的约束，就像资本那样”摩根·斯坦利的分析家Huw van Steenis说道。

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"The key issue is what scenario the Banks would need to be recapped for," says Huw van Steenis of Morgan Stanley.

“关键问题是银行需要何种方案去重组，”摩根·士丹利的范斯蒂尼斯说。

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In response private Banks are expanding into emerging markets and consolidating at home, says Huw van Steenis of Morgan Stanley.

摩根·斯坦利的Huw van Steenis说道，相应的，私人银行也就开始扩展到新兴时常，同时加固本土地位。

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Later in the session, the Minister for Housing, Regeneration, Huw Lewis, gave evidence to the committee.

BBC: Communities, Equality and Local Government Committee

Scarlets prop Huw Gustafson broke his leg in their Regional Under-20 Championship match against the Blues.

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Huw Lewis from Cymdeithas yr Iaith, added that there was a need for urgent action.

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