Two brothers involved in the ring received combined sentences of 54 years.

BBC: NEWS | Europe | France sentences sex ring members

In recent years he's combined his exploits in the ring with a political career in the Phillipines.

CNN: December 19, 2012 -- Updated 1227 GMT (2027 HKT)

The hope is that the ring fence, combined with other reforms, would make it easier and cheaper to rescue the parts of banks vital to the economy, and would force the costs of the rescue on to shareholders and creditors.

BBC: Separation of retail banks 'will take years'