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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

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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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