Article 234EV Bank of England to reveal stress test results for UK's biggest banks

Bank of England to reveal stress test results for UK's biggest banks

by
Jill Treanor
from on (#234EV)

Snapshot assesses resilience of six banks and one building society as well as risks to post-Brexit financial system

The Bank of England is due to provide a snapshot of the strength of Britain's biggest lenders after assessing their resilience to a dramatic economic downturn and sharp fall in house prices.

Threadneedle Street will announce the outcome of its annual health check of the six biggest banks - and one building society, Nationwide - on Wednesday, alongside its assessment of the major risks to the financial system in the wake of the Brexit result.

Related: RBS takes biggest knock of UK banks in EU-wide financial stress test

Related: Ireland is 'ideal home' for European banking regulator after Brexit

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