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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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