Analysis, Shadow Banking

Banks reinforce defences in wake of BoE's shadow banks test

By Ellesheva Kissin
Image: Getty Images

The Bank of England (BoE) is running its first system-wide stress “exploratory scenario exercise” on 53 firms, amid fears the ballooning shadow banking sector will crack. Banks are already beefing up their defences before the results are published next year.

The UK’s central bank is currently running an ...

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