British Banks Brace For More Capital To Cover Risk

25 Feb 2013

U.K. banks are bracing for a requirement to hold tens of billions of pounds as a buffer as the Financial Services Authority is cracking down on lenders over the internal models they use to calculate risk.

U.K. banks are bracing for a requirement to hold tens of billions of pounds as a buffer as the Financial Services Authority is cracking down on lenders over the internal models they use to calculate risk.

Click here to read the story from Reuters.

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