Rolling-&Standardthat the Bank could impose more stringent capital rules on banks was sparked by remarks final week by Andy Haldane,the Bank’s chief economist, that consumer credit, and personal loans in particular,had been “picking up at a rate of knots”.
His view that the Bank might want to explore “fairly carefully at this area had led to expectations that the Financial Policy Committee (FPC), set up to explore for bubbles in financial markets, or might employ original powers to demand banks hold more capital against riskier lending operations.
We find out shortly how worried Mark Carney feels about aspects of Britain's economy https://t.co/xijvGzqUg1 pic.twitter.com/B2fqcQ3wRFContinue reading...
Source: theguardian.com