Bank sector's £25bn 'black hole'
The banking sector has to fill a £25 billion "black hole" in its reserve funds that are needed as a cushion against future crises, the Bank of England has warned.
UK banks to be warned over capital
The Bank of England is expected to tell the UK's banks they must raise more capital to absorb potential future losses.
It is the newly-created Bank of England's Financial Policy Committee (FPC) first big intervention since being set up by Chancellor George Osborne.
Under new rules, the FPC will tell banks as a whole to raise a specific amount of new capital.
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The Bank of England's 'black hole' number crunching
The Bank of England has crunched its numbers and worked out the banking sector needs to fill a £25m 'black hole' in its reserve funds.
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The banks' 'black hole' is revealed
The Bank of England's new regulator has just revealed how much danger our banks are still in, and it is not pretty.
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How big is the banking black hole?
The UK's big banks mess is very well documented. The FPC report will help show just how far they are from getting a clean bill of health.