RPT-UK banks press for scrapping stress tests in face of coronavirus – sources
Britain’s banks have asked the
Bank of England to scrap this year’s stress test of lenders and
to soften rules to help them cushion expected losses as the
coronavirus pandemic hits their staff and customers, banking
sources said on Friday.
Bank of England to scrap this year’s stress test of lenders and
to soften rules to help them cushion expected losses as the
coronavirus pandemic hits their staff and customers, banking
sources said on Friday.
Posted by Reuters