Why Is The UK Banking System So big And Is That A Problem?Mani
Though size can be important, it is the resilience of a banking system that is key for financial stability, notes a Bank of England report.
In a report co-authored by Oliver Bush of Bank of England titled: “Why is the UK banking system so big and is that a problem?”, the authors discuss whether banking system size is a robust leading indicator of a crisis.
UK Banks’ total assets constitute 450% of nominal GDP
The Bank of England report notes the UK banking system is . . .
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