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BT can I ask you as a former HSBC man please, what is the likelihood of any of our our 4 traditional high street banks ever going to the wall? And if any of them did would there be anarchy/panic on the streets? I don't know if it was an uban myth but in 2008 banking crisis is that right the...

Even at 58 I’ve still got a degree of naivety, effectively what happens when a bank goes bust? Do all the people literally lose all their money? Or is there some form of insurance to protect some of the funds? What happens to the loans/mortgages that the said bank have made to people/companies?