VUK News: Bank of England: Top UK banks no longer too big to fail - 10th Jun 2022, 6:07pm

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The Bank of England has found that if a major UK bank failed today it could do so safely. Photo: Matt Crossick/ EMPICS Entertainment.

The Bank of England (BoE) has found that the UK’s eight biggest banks could fail “safely”, without jeopardising customers or taxpayers.

The central bank’s report into the self-assessment of eight banks found none of the top UK banks should require a public bailout in the event of a crisis.

The report covers Barclays, HSBC, Lloyds Banking Gro...

>>> Read more: Bank of England: Top UK banks no longer too big to fail
 
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