LONDON (Reuters) – Following are comments from the Bank of England’s news conference after the central bank released its Financial Stability Report on Friday. http://www.bankofengland.co.uk/publications/Documents/fsr/2012/fsrspnote120629.pdf GOVERNOR MERVYN KING: “Uncertainty and tighter credit conditions have acted as strong head-winds to our recovery.” “The (FPC) committee continues to believe that there is a need for banks temporarily to raise their levels of capital in view of the exceptional threats they currently face. …
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