'Give offshore banks a wide berth'
An article in The Times on Saturday launched an attack on the way Guernsey's government dealt with the banking crisis and said the message to UK savers was clear: 'If you value safety, you should give offshore banks a wide berth.
Global banks are in a phased retreat from the European equity brokerage business, and retrenchment on the part of brokers could result in some tough choices ahead for European institutional investors.