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UK banks no longer too big to fail, says BoE
The Bank of England is satisfied lenders have taken steps to ensure they are no longer "too big to fail" in any future crisis, it said on Friday, though it did find shortcomings at three leading banks.
Reporting by Iain Withers and Sinchita Mitra Writing by William Schomberg and Huw Jones Editing by William James, Elaine Hardcastle and David Goodman
https://www.reuters.com/world/uk/bank-england-says-top-uk-banks-no-longer-too-big-fail-2022-06-10/