BOE's Cunliffe worried about financial risks emerging in new areas

Author: Mike Paterson | Category: Central Banks

BOE dep gov speaking in Paris at a bank regulation conference

  • illiquidity at funds can risk generating runs

"By ending too big to fail one of the things we do is dampen the leverage machine inside the banking system by getting bondholders to act as brakes against too much risk"

                     BOE's Cunliffe - concerns over new risk areas emerging

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