Thursday, Dec 14, 2006
Personal and Corporate debts increase threats to financial stability in the UK!
Free Help Advice: Personal and Corporate debts increase threats to financial stability in the UK!
Sir John Gieve, deputy governor of the Bank of England, has commented that rising corporate and personal debts in the UK have increased the threats to financial stability of the country and investors are under-pricing these risks. He said that he is not sure whether these risks are priced into the market and over-optimism in the financial system can have costs not just for the consenting counterparties, but more broadly across the economy.
Posted by matt @ 01:12 PM (181 views) Add Comment
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