In its twice-yearly Financial Stability Report, BOE warns U.K. banks to shore up their balance...

|By:, SA News Editor

In its twice-yearly Financial Stability Report, BOE warns U.K. banks to shore up their balance sheets and raise money while the going's good, because banks "remain exposed to any future deterioration in macroeconomic and market conditions, which could substantially raise the cost of funding and capital raising in the future."