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COMING UP:Share Opener Variant 3

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Transcript

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nnnnn a thirty six percent slide in u. k. blue chip shares crude oil fooling by third and hong kong shares slumping sixty five percent , that's the nightmare scenario the bank of england will use to stress test the u. k. is biggest banks later this year , the central bank to assess whether the institutions can cope with the type of market my him the full of the collapse of lehman brothers in two thousand and eight , thoughts froze global markets unless some banks unable to sell us it's on the trading books to shore up capital , a crisis began , and the purpose then was to basically take out the skeletons in the cupboard you know find the ring that's part of the bank and , the bank of england will scrutinize trading books from seven lenders including h. s. b. c. barclays and lloyds , the tests will gate resilience over a five year period , regulators across the world concerns that could be a stampede out of bonds when interest rates finally start to rise , so the fear is that right if interest rates over much of when they start to go off from the very low levels copy the fatal move us maybe later on this year who knows , stampede for the exits at the same time , that the banks cons cope with opponents of the asset managers will be able to come up with the redemptions in time on the whole system will just freeze , outside extreme volatility last autumn and in the swiss franc this year also raising questions of whether banks can cope with intense selling pressure , the stress test results will be announced in december