Bank of England to ask banks to hold extra 10 billion pounds capital on consumer credit risks

LONDON, (Reuters) - British lenders need to hold around an extra 10 billion pounds in capital to guard against increased risks from rapidly rising unsecured consumer lending, the Bank of England said on Monday.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-boe/bank-of-england-to-ask-banks-to-hold-extra-10-billion-pounds-capital-on-consumer-credit-risks-idUKKCN1C00SK?feedType=RSS&feedName=topNews