Stress-test findings should be combined – BoE’s Benjamin
Bank’s director of financial stability strategy emphasises importance of “joining the dots”
The Bank of England (BoE) will place a greater emphasis on combining the findings from different stress tests, a member of its financial policy committee has said.
In a speech on January 15, Nathanaël Benjamin, who is also the bank’s executive director of financial stability strategy and risks, said changing macroeconomic and global trends meant the BoE needed to take a more “adaptable” and “nimble” approach.
He summarised the various new stress tests the bank had carried out in recent years
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