Bank of England Cancels Stress Test for UK Banks, Too Afraid to Fail?

On Friday, the Bank of England (BoE) and the Prudential Regulation Authority (PRA) cancelled the 2020 stress test of eight major British banks and building societies, citing the emergency situation amid the coronavirus outbreak. This is another example of how governments are supporting the banking systems while the crypto market is on its own.  Test “Would Be Stupid,” Bank Executives Say Every...

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