The Treasury Committee is to take evidence from RBS, Northern Rock and Lloyds Banking Group.

Stephen Hester, chief executive, Royal Bank of Scotland, Gary Hoffman, chief executive, Northern Rock and Eric Daniels, Group chief executive, Lloyds Banking Group will participate in the evidence session on 12 January in the Thatcher Room, Portcullis House.

This session is part of the Committee’s ongoing work on the banking crisis. It is expected to cover remuneration policy, lending policies towards SMEs and consumers, competition in the banking sector and timeframes for a return to full private ownership.