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Bank of England

Bank of England latest

Bank of England: Banking System Can Handle a No-Deal Brexit
December 17th, 2019 - 10:37 GMT

Bank of England: Banking System Can Handle a No-Deal Brexit

The Bank of England announced Monday that the British banking system could handle a no-deal Brexit. The announcement was based on the release of the U.K. Financial Stability Report and 2019 bank stress test results. "The 2019 stress-test scenario for the U.K. economy was severe enough to encompass the range of economic shocks that could be associated with a disorderly Brexit," the Bank of England said in a statement on ...
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