Carney: British banks can handle the Brexit and trade war at the same time

22 Oct 2018 10:29 AM

Bank of England Governor Mark Carney said over the weekend that British banks could deal with the Brexit and trade war at the same time. He stated the following:

  • There are many risks facing the economy represented in the Brexit file.
  • The Bank of England is focusing on the worst cases that the economy may face
  • Stress tests are severe but reasonable

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