Beware the risk to economic stability if banks are asked to shoulder the full burden of Covid-19 Risk to economic stability if banks are asked to shoulder the full burden The economic cost of Covid-19 has been — and will continue to be — immense. As the Bank of England publishes its surveys on bank liabilities and credit conditions today, it is a reminder that much of that cost will fall on the financial sector, and within that, on the larger banks. But how that [...]
