Chart of the Day: Warning over UK peripheral exposure

Moody’s highlights how the banks have only a small capital buffer relative to their exposure to debt from peripheral European countries

Moody’s has warned that the top five British banks have only a small capital buffer relative to their exposure to debt from peripheral European countries.

The research is based on company filings from Lloyds, HSBC, Barclays, RBS and Santander UK.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached