Bank of England sets out bailout bond requirements for UK banks

LONDON (Reuters) - The Bank of England on Friday made public for the first time how many special loss-absorbing bonds British-based banks must issue to prevent taxpayers having to pay for bank bailouts in the future.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-boe-banks-idUKKBN1810YB?feedType=RSS&feedName=topNews