Bank Services

Treasury written question – answered at on 28 October 2008.

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Photo of Adam Price Adam Price Spokesperson (Communities and Local Government; Culture, Media and Sport; Defence; Transport; Ministry of Justice)

To ask the Chancellor of the Exchequer which companies have been appointed to assist his Department in the preparation of his plans for financial support to the banking industry.

Photo of Ian Pearson Ian Pearson Parliamentary Under-Secretary, Department for Business, Enterprise & Regulatory Reform, Economic Secretary, HM Treasury

holding answer 2008

The Treasury has taken financial advice from Credit Suisse and Deutsche Bank and legal advice from Slaughter and May with regards to implementing the recapitalisation scheme. On matter relating to financial stability, the Treasury also takes advice from the Bank of England and FSA.

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