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U.K. Banks Need to Show They Can Withstand a Pound Crisis

Wall Street Journal - 27 Mar 2017 17:32
U.K. stress tests this year will measure how banks will weather a pound crisis and sharply higher interest rates. That should give a clear view of the risks in U.K. lenders' recent rush into unsecured consumer lending, which has kept the U.K. economy humming since the Brexit vote.
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