He and Sir Winfried have also now come out in favour of Mr Osborne's decision to give regulators the power to force a completeseparation of any bank that fails to respect the spirit of the ring-fence.
Sound barriers, pesticides, fishing, pheromones, barriers of bubbles and complete hydrologic separation of the Mississippi and Great Lakes watersheds are all being considered.
The company continues to be actively engaged in the formation of Newco and is in the process of implementing the work necessary to complete the separation and close the Microsoft transaction.