U.K. Banks Seen Needing Solid Refinancing Plans

12 Feb 2010

The U.K.’s Council for Financial Stability says banks need to produce concrete refinancing plans before they can exit government liquidity schemes.

The U.K.’s Council for Financial Stability says banks need to produce concrete refinancing plans before they can exit government liquidity schemes. The council—chaired by Alistair Darling, the Chancellor of the Exchequer, and created to replace the tripartite oversight by the Treasury, Bank of England and Financial Services Authority—met ...

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