Mr Horta-Orsorio believes the Independent Commission on Banking has under-estimated the scale of what Lloyds is already being forced to sell.
The aim of this move appears to be to increase interest income for depositors under the state-dominated banking system, where the central bank sets guidelines for interest-rate levels.
At Goldman Sachs and a couple of other firms, analysts can now turn to an internal ombudsman if they feel under pressure from investment-banking colleagues or clients to say nice things about the companies they cover.
Citi's investment-banking clients, under close market scrutiny, will have to provide so much disclosure that the complexity will not be worthwhile.
There are only three non-bank E-money institutions authorized under the Financial Services (Banking) Act for issuing means of payment in the form of electronic money.
Citigroup is soon to reveal the number of claimants under the settlement of a discrimination suit against its investment-banking arm, Salomon Smith Barney.
In America, which banned universal banking after the Great Depression under the Glass-Steagall act, the division between the two kinds was incrementally weakened for decades, before it was finally scrapped in 1999.
The bank, formed when OCBC in 2010 bought ING's Asia private- banking business, has increased its NRI assets under management by 20% annually.
The Vatican Bank came under suspicion of money-laundering and failure to conform to international banking regulations during Benedict's pontificate, and its director was forced to resign last year after a stormy board meeting.
In those circumstances, Royal Bank of Scotland would be fearful that it could be forced to dispose of additional assets, because its share of the small-business banking market will still be a fraction under 25%, even after it completes a disposal of 318 branches and other assets to Santander next year.
That promises seven or eight undifferentiated, under-sized, European-style universal banks offering everything from investment banking to housing loans.
With the end to easy money in 2008, banking sectors around the world were over-levered and under-capitalized.
Other banks may be forced to rejig their investment-banking arms as the impact of higher capital charges proposed under Basel 3 rules begin to bite.
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Funica's Palm Beach law firm, Ice Legal, has taken numerous depositions where banking officials have admitted under oath they signed thousands of foreclosure-related documents every month without personally verifying them.
But it is notable that Lloyd's underwent far greater structural and behavioural reform than those under contemplation - by either global regulators or the banks themselves - for the banking industry.
That law - from the 1930s in the aftermath of the Great Depression - separated commercial and investment banking and was eventually abolished in 1999 under President Bill Clinton.
Under a change made in March 2005 to the Banking Code, an industry-wide voluntary agreement, lenders were barred from sending unsolicited credit card cheques to customers with a pre-completed loan amount.
The hope, of the Treasury under the Chancellor George Osborne, was that a significantly enlarged Co-op in banking would be good for consumers, by giving the UK's big banks a run for their money.
Micheal Martin's Fianna Fail and John Gormley's Greens - the outgoing coalition - are performing appallingly - blamed for the over-heated and under-regulated construction boom that brought such havoc on Ireland's economy and banking system.
Repealing Glass-Steagall removed the barriers between traditional and investment banking, placing everything under congressional rules and regulations.
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Things look much less simple now, which is why two high-profile investments in the wobbliest sector of all, banking, are under close scrutiny.
And while the experts find it easy to diagnose problems, they admit solutions are harder to find - particularly at a time when the financial industry is under pressure to roll out new banking apps and other online services.
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The bill will replace the so-called tripartite structure, introduced by the previous Labour government, under which oversight of the banking system is shared between the Bank of England, the Financial Services Authority (FSA) and the Treasury.
Banking giant Barclays had an "aggressive" and "self-serving" culture under its former boss, the new chief executive has told MPs.
Like much of China's banking sector, the two have struggled under the weight of bad debts made to state-owned firms.
"They're under huge pressure, " added Peter Falvey, founder of Falvey Partners LLC, a technology investment-banking firm, though he added it might be clever of Facebook to lay out money now on acquisitions, patents and other expenses while it is still a private company, so that after the IPO it can exceed expectations.
Next month, Mr Osborne may come under pressure from the Parliamentary Commission for Banking Standards he created to break up RBS into such a so-called "good bank" and "bad bank".
One of the factors to have changed is that those other banks are coming under political pressure as well - particularly Barclays, which has had some bruising encounters of late with the Parliamentary Banking Commission.
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