U.K. banks facing tougher financial tests

U.K. banks facing tougher financial tests

UK Banks facing tougher financial tests to recognise the long term global challenges, including increased competition. John Weeden, from Cadence Advisory comments: Whilst currently unregulated, the ECB is now exploring “pre-emptive regulation” of direct lenders to ensure that the current regulatory structure does not lead to the build-up of systemic risk. For how long will the direct lenders have it all their own way?

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