Blog: Bank of England sets banks’ capital shortfall at $38B

Bank of England sets banks’ capital shortfall at $38B

Blog by Brad Herman | March 27th, 2013

Britain's banks must raise $37.9 billion US in extra capital by December to absorb possible future losses and sustain lending, the Bank of England's Financial Policy Committee said on Wednesday.
http://www.bnn.ca/News/2013/3/27/Bank-of-England-sets-banks-capital-shortfall-at-38B.aspx#.UVLtxEVg-VY.facebook

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Bank of England sets banks’ capital shortfall at $38B

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