UK banks strong enough to cope with 'disorderly' Brexit, Bank of England says

UK banks strong enough to cope with 'disorderly' Brexit, Bank of England says
- Stress tests based on a severe economic scenario were carried out on Lloyds Banking Group, HSBC, Barclays, Royal Bank of Scotland, Santander UK, Standard Chartered and Nationwide. They modelled a nightmare scenario under which UK GDP slumps by 4.7% amid a wider global downturn, ...

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