Bank of England confirms will hold broader bank stress test in 2017

Bank of England confirms will hold broader bank stress test in 2017
 

The Bank of England said on Monday it would hold a broader stress test of British banks' resilience alongside its regular annual check-up of their financial health.
The central bank will release the results of this year's stress test at 0700 GMT on Nov. 30, alongside its half-yearly Financial Stability Report, and will go ahead with plans set out in 2015 to conduct a broader test as well in 2017.
"Next year the Bank of England's stress test of major banks will for the first time include two scenarios. In addition to the Annual Cyclical Scenario ... there will be an additional... read more

 
3 October 2016 in Business, Views: 33
Source: Reuters
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