UK Bank Stress Test Results
The stress test applies synthetic market conditions to the balance sheets of large banks in an effort to determine the banks' stability and capital reserve adequacy;
- History
| Expected Impact / Date | Description |
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| Nov 29, 2024 | |
| Jul 12, 2023 | |
| Oct 12, 2022 | |
| Dec 13, 2021 | |
| Dec 16, 2019 | |
| Nov 28, 2018 | Results of the bank stress test will be released, including which banks passed, which failed, and estimates for new capital requirements. Results of the stress test will be released for 7 banks and building societies, including estimates for new capital requirements; |
| Nov 28, 2017 | Results of the bank stress test will be released, including which banks passed, which failed, and estimates for new capital requirements. Results of the stress test will be released for 7 banks and building societies, including estimates for new capital requirements; |
| Nov 30, 2016 | Results of the bank stress test will be released, including which banks passed, which failed, and estimates for new capital requirements. Results of the stress test will be released for 7 banks and building societies, including estimates for new capital requirements; |
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- UK Bank Stress Test Results News
From bnnbloomberg.ca|Nov 29, 2024The UK’s major clearing houses are resilient under severe market strains, though have some vulnerabilities in highly concentrated positions, according to the Bank of England’s stress test results published Friday. ICE Clear Europe Ltd., LCH Ltd., and LME Clear Ltd. were examined in the Bank’s third regular stress test of central counterparties, exploring how they would fare in a scenario that included the default of two or more members. The firms saw larger losses in this year’s test, partly due to them holding fewer pre-funded ...
- From bankofengland.co.uk|Jul 12, 2023
The results of the 2022/23 annual cyclical scenario (ACS) stress test indicate that the major UK banks would be resilient to a severe stress scenario that incorporated persistently higher advanced-economy inflation, increasing global interest rates, deep and simultaneous recessions in the UK and global economies with materially higher unemployment, and sharp falls in asset prices. Reflecting resilience built up by banks in recent years, the results indicate the UK banking system would be able to withstand the severe macroeconomic ...
From bankofengland.co.uk|Dec 13, 2021The Bank’s 2021 ‘solvency stress test’ (SST) shows the major UK banks are resilient to a severe path for the economy in 2021–25 on top of the economic shock associated with the Covid-19 (Covid) pandemic that occurred in 2020. These results support the FPC’s judgement that the system is resilient to outcomes for the economy that are much more severe than the Monetary Policy Committee’s (MPC’s) central forecast. Reflecting the circumstances of the pandemic, the SST differs from the Bank’s usual annual cyclical scenario (ACS) stress ...
From bankofengland.co.uk|Dec 16, 2019The 2019 stress test shows the UK banking system is resilient to deep simultaneous recessions in the UK and global economies that are more severe overall than the global financial crisis, combined with large falls in asset prices and a separate stress of misconduct costs. It would therefore be able to withstand the stress and continue to meet credit demand from UK households and businesses. Losses on corporate exposures are higher than in previous tests, reflecting some deterioration in asset quality and a more severe global ...
- From bankofengland.co.uk|Nov 28, 2018|7 comments
Major UK banks have continued to strengthen their capital positions. They started the 2018 stress test with an aggregate common equity Tier 1 (CET1) capital ratio nearly three and a half times higher than before the global financial crisis. The test shows the UK banking system is resilient to deep simultaneous recessions in the UK and global economies that are more severe overall than the global financial crisis and that are combined with large falls in asset prices and a separate stress of misconduct costs. Despite facing loss rates ...
From bankofengland.co.uk|Nov 28, 2017|5 commentsFor the first time since the Bank of England launched its stress tests in 2014, no bank needs to strengthen its capital position as a result of the stress test. The 2017 stress test shows the UK banking system is resilient to deep simultaneous recessions in the UK and global economies, large falls in asset prices and a separate stress of misconduct costs. The economic scenario in the test is more severe than the global financial crisis. Significant improvements in asset quality since the crisis mean that the loss rate on banks’ loans ...
From nasdaq.com|Nov 27, 2017|1 commentMondays are typically volatile days in the forex market because traders adjust their positions after the weekend and initiate new trades for the week ahead. Today's intraday swings are therefore the norm rather than the exception for front of the week trade. The greenback was all over the place today - it traded lower initially against the Japanese Yen only to spike ahead of the new home sales report but those gains did not last as USD/JPY reversed course on reports that North Korea could launch another missile test in the next few ...
From bankofengland.co.uk|Nov 30, 2016|2 commentsThe Financial Policy Committee (FPC) was established under the Bank of England Act 1998, in amendments made to that Act by the Financial Services Act 2012. The legislation establishing the FPC came into force on 1 April 2013. The objectives of the Committee are to exercise its functions with a view to contributing to the achievement by the Bank of England of its Financial Stability Objective and, subject to that, supporting the economic policy of Her Majesty’s Government, including its objectives for growth and employment. The ...
| Released on Nov 29, 2024 |
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| Released on Jul 12, 2023 |
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| Released on Dec 13, 2021 |
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| Released on Dec 16, 2019 |
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| Released on Nov 28, 2018 |
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| Released on Nov 28, 2017 |
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| Released on Nov 30, 2016 |
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