Time running short for deal on financial contracts before Brexit
Currency markets are taking the possibility of a no-deal Brexit seriously.
Bank Of England
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Bank of England ‘probed’ strength of KPMG’s business
The Bank of England examined big four accountant KPMG after a string of scandals including its role in the Carillion collapse and its involvement with the controversial Gupta family in South Africa.
MPs could reject Bank of England hires if gender diversity not improved
The influential Treasury Select Committee could reject the Bank of England’s next senior appointment if the government does not appoint a woman, its chair said today.
Bank of England bosses criticised for £390,000 expenses bill
The expenses bills run up by two of the Bank of England's top officials were today described as "staggering" by an MP.
Banks to be subjected to ‘cyber stress tests’ to gauge attack preparedness
Financial services companies will be subject to “cyber stress tests” to establish if they could recover in the event of a major breach, the Bank of England said today.
Two new members appointed to the Bank of England's regulation committee
A leading academic and a senior investment banker have been appointed to the Bank of England's regulation committee.
Bank of England's senior staff diversity goes into reverse
The Bank of England is off track in its mission to improve the diversity of staff after figures showed a fall last year in the share of senior jobs held by women and ethnic minority employees.
BoE to make banks publish death plans to avoid repeat of Lehman contagion
The Bank of England (BoE) will force banks to publish plans showing how they would wind up operations if they go bust, a top official announced today, in the next step in regulators’ efforts to clamp down on “too big to fail” lenders.
FCA chief: 'mutual recognition' would suit everyone post-Brexit
Andrew Bailey’s focus last week was on high-cost credit and measures to curb the gouging of vulnerable consumers.
BoE bitcoin rival would "strengthen" effects of monetary policy changes
A central bank-run digital currency to rival cryptocurrencies such bitcoin and ethereum could make monetary policy changes a more effective tool, according to Bank of England research.
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Bank of England to cut staff expenses after £390,000 travel bill row
The Bank of England is cutting meal and hotel allowances for staff after coming under fire over a £390,000 travel bill racked up by two of its economics advisers.
Bank of England says no-deal Brexit would be worse than 2008 crisis
Britain crashing out of the European Union without a deal could trigger a deep and damaging recession with worse consequences for the UK economy than the 2008 financial crisis, the Bank of England has warned.
UK banks can survive a disorderly Brexit, says Bank of England
UK banks are strong enough to survive a disorderly Brexit and the worst-case scenario of a credit crunch-style economic shock, according to the Bank of England’s latest sector health check.
