THE Bank of England (BoE) said on Wednesday (Jul 12) its annual stress test of eight major lenders showed that each could cope with rising interest rates in a stressed environment, and none would need to submit a revised capital plan.
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Commentary: Companies are getting worse at laying people off
Businesses sometimes need to retrench employees. But that doesn’t mean those cuts need to be sloppy or cruel, says Beth Kowitt for Bloomberg Opinion....