Bailey defends capital push, explains pillar two reversal
The Financial Services Authority’s Andrew Bailey defended the organisation’s push for banks to hold more capital on Wednesday morning while at the same time explaining moves to allow banks to run down their pillar two buffers to support retail and SME lending. He also signalled his approval of contingent capital instruments.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: