Carney stresses bank resilience in face of large shocks
UK banks display resilience when threatened with Brexit-like shock, stress tests show
The governor of the Bank of England (BoE) has said he believes UK banks are "resilient to large shocks", though he did not directly address the impact of Britain leaving the EU on their capital positions.
Speaking in front of the UK parliament's Economic Affairs Committee today (April 19), Mark Carney outlined the measures the bank was putting in place to prepare for the June referendum, when British citizens will vote on whether to leave the European Union (‘Brexit') or remain. This included
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