Bank of England flags ‘shortcomings’ and ‘areas for enhancement’ in UK banks’ resolution preparations

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Bank of England flags ‘shortcomings’ and ‘areas for enhancement’ in UK banks’ resolution preparations

The Bank of England, London, UK

◆ Report examined if eight major UK banks could enter resolution safely ◆ One bank singled out for a ‘shortcoming’ ◆ ‘Areas for enhancements’ identified in five

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