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Monday, September 25, 2017

BOE PRA to set extra capital requirements on a bank-by-bank basis

BOE FPC statement from 20 Sept meeting now published 25 Sept - new requirements to be set after Nov stress tests - increased risk of consumer credit losses over past year means banks will need to hold extra GBP 10bln of capital Well they've been fed it cheaply enough for past few years.
BOE PRA to set extra capital requirements on a bank-by-bank basis

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