Are British banks too big - do they need to be scaled down?

Comments
Franni (not verified):

Come on Moneywise - there is no such thing as a British bank, or if there is can you classify? ....

* Abbey: Owned by Spanish based Bank Santander.
* Alliance & Leicester: Owned by Spanish based Bank Santander.
* Bradford & Bingley: Owned by Spanish based Bank Santander.
* Clydesdale Bank: Owned by the National Australian Banking Corporation.
* Egg: Owned by US banking giant Citibank.
* HSBC: Floated in the UK but is ultimately the “Hong Kong Shanghai Banking Corporation” so Chinese now.
* Post Office Savings: Owned by the Bank of Ireland, not covered by the UK financial services compensation scheme
* Yorkshire Bank: Owned by the National Australian Banking Corporation.