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BOE's Cunliffe says current EU bank resolution is not ready to deal with cross border bank...

Discussion in 'Market News' started by ForexLive, Feb 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    BOE's Sir Jon Cunliffe and Andrew Bailey are at a Treasury sub-committee on EU financial affairs - Current EU bank resolution arrangements are not yet in a position to deal with a failure of a major cross border bank In the current environment of the market worrying about bank stability, that's probably not a comment people want to hear.

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