'The risks of a sharp adjustment are crystallising'
Brexit has the potential to inflict severe damage on the UK's commercial property market, the Bank of England warned.The central bank's Financial Policy Committee said that "the current outlook for...
View ArticleThe Bank of England is sounding the alarm on Chinese debt
The Bank of England warned that the expansion of debt in the Chinese economy was a risk to financial stability.The central bank's Financial Policy Committee said that "credit growth in China continues...
View ArticleKEN ROGOFF: I worry about China
Ken Rogoff, the former chief economist of the International Monetary Fund, says a Chinese economic slowdown is one of the biggest problems facing the world economy.Rogoff, now a professor at Harvard,...
View ArticleBritain's biggest banks must set aside £11.4 billion to protect against a new...
LONDON — Britain's major lenders have been told by the Bank of England that they must set aside a combined £11.4 billion of capital in the next 18 months as a means to protect themselves from the risks...
View ArticleThe Bank of England is sounding the alarm on post-Brexit data sharing between...
LONDON — The Bank of England warned on Monday that many firms "lack robust contingency plans" to deal with certain forms of disruption to the financial sector that could stem from Brexit.Focusing on...
View ArticleBank of England: 'Significant risks' if EU moves €930 billion clearing...
LONDON — The Bank of England continues to warn about possible post-Brexit risks to the stability of the UK's economy.The bank published the record of its latest Financial Policy Committee meeting on...
View ArticleThe 4 biggest financial headaches caused by a 'no-deal' Brexit, according to...
Bank of England publishes checklist of key financial stability risks of a "no deal" Brexit.These include the "continuity of existed cross-border insurance and derivative contracts," and "ensuring a UK...
View Article'The risks of a sharp adjustment are crystallising'
Brexit has the potential to inflict severe damage on the UK's commercial property market, the Bank of England warned.The central bank's Financial Policy Committee said that "the current outlook for...
View ArticleThe Bank of England is sounding the alarm on Chinese debt
The Bank of England warned that the expansion of debt in the Chinese economy was a risk to financial stability.The central bank's Financial Policy Committee said that "credit growth in China continues...
View ArticleKEN ROGOFF: I worry about China
Ken Rogoff, the former chief economist of the International Monetary Fund, says a Chinese economic slowdown is one of the biggest problems facing the world economy.Rogoff, now a professor at Harvard,...
View ArticleBritain's biggest banks must set aside £11.4 billion to protect against a new...
LONDON — Britain's major lenders have been told by the Bank of England that they must set aside a combined £11.4 billion of capital in the next 18 months as a means to protect themselves from the risks...
View ArticleThe Bank of England is sounding the alarm on post-Brexit data sharing between...
LONDON — The Bank of England warned on Monday that many firms "lack robust contingency plans" to deal with certain forms of disruption to the financial sector that could stem from Brexit.Focusing on...
View ArticleBank of England: 'Significant risks' if EU moves €930 billion clearing...
LONDON — The Bank of England continues to warn about possible post-Brexit risks to the stability of the UK's economy.The bank published the record of its latest Financial Policy Committee meeting on...
View ArticleThe 4 biggest financial headaches caused by a 'no-deal' Brexit, according to...
Bank of England publishes checklist of key financial stability risks of a "no deal" Brexit.These include the "continuity of existed cross-border insurance and derivative contracts," and "ensuring a UK...
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