Banks were reluctant to use up some of their capital buffers during extreme market volatility after economies went into lockdowns to fight COVID-19 in March 2020, an issue global regulators are already studying.
Read more at Reuters
BoE may force banks to use buffers in a crisis, official says
The Bank of England may oblige all banks to tap their capital buffer and stop paying dividends in a crisis to avoid a vacuum in lending to households and businesses, one of its senior officials said on Thursday.
