Friday, March 16, 2018

BoE says action needed to avert financial contract disruption after Brexit

Rob Smith, a banking partner at KPMG consultants, said the decision to leave the test scenario unchanged was unexpected, and shows the BoE's potential concerns about the accounting rule. Systemic banks, such as HSBC and Barclays will face a higher test hurdle than last year, somewhere above 8 ...
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