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UK banks could unleash cash buffers to spur economy, says top Bank of England regulator
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City AM
UK banks could unleash cash buffers to spur economy, says top Bank of England regulator
UK banks are holding excessively large “rainy-day funds” that could instead be deployed to boost economic activity, according to a top regulator at the Bank of England. David Bailey, executive director of Prudential Policy at the Bank of England, told City AM the watchdog had kicked off talks with international peers over how to simplify [...]
15 Oct, 04:00
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