You are here

BOE outlines parameters of 2015 stress tests

BT_20150401_LEBOE1CF7J_1592466.jpg
Bank of England governor Mark Carney says that by assessing the resilience of the UK banking system against a major external shock, "we will ensure that banks have plans in place to address a wider range of possible stresses".

London

THE Bank of England said that it would test major British banks on their potential performance against financial shocks including a global slowdown, a sharp drop in inflation and a reduction in worldwide appetite for risk.

This year's test is intended to better reflect the

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom