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UK lenders have been told to boost their holdings by the BoE to cope with a potential meltdown in financial markets in the event of no-deal Brexit.
Millions unemployed, plunging house prices and a global economic crash: Here’s the apocalyptic scenario Britain’s banks will be stress tes...
"Overall, the 2018 stress scenario is more severe than the financial crisis," the Bank of England said.
Weak wage growth, rising inflation, and rising interest rates, as well as the threat of recession, mean that public finances are on a worrying trajectory.
The Federal Reserved gave across the board approvals for the financial companies capital plans, most of which included share buybacks and dividend increases.