Banks reinforce defences in wake of BoE's shadow banks test
By Ellesheva KissinJuly 19, 2023
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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