MARKET TALK: Buy UK Banks After Osborne, King Speeches - RBS

0848 GMT [Dow Jones] UK banks should benefit from the positive tone of Chancellor George Osborne's and Bank of England Governor Mervyn King's Wednesday night speeches to City executives, says RBS banks analyst, who recommends buying their shares. One particular point of interest was the apparent de-emphasis on breaking up commercial and investment banks, with King instead putting more weight on orderly bankruptcy procedures and living wills, the analyst says. (margot.patrick@dowjones.com) Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com (END) Dow Jones Newswires June 17, 2010 04:48 ET (08:48 GMT)