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UK bank capital buffers can withstand moderate Covid impact, BOE says

( August 6, 2020, 06:37 GMT | Official Statement) -- MLex Summary: UK banks have enough capital to withstand the central economic scenario but cannot be resilient to all possible outcomes of Covid-19, the Bank of England has said in a financial stability report. The report also examines the financial stability implications of Brexit, and whether derivative traders' margin rules will lead to a pro-cyclical "dash for cash."The reports are attached....

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