Bank of England Deputy Governor Opposes Further Loosening of Leverage Rules
The deputy governor expressed resistance to additional easing of bank leverage regulations, signaling a cautious approach to financial stability measures.
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Terms & Concepts
Leverage Regulation: Rules that limit the amount of debt banks can take on relative to their equity, aimed at ensuring financial stability.
Bank of England: The United Kingdom's central bank, responsible for monetary policy, financial stability, and regulating key parts of the banking system.