BOE's Carney Urges Banks to Prepare for Any Brexit Outcome

  • BOE says preparation in financial industry so far is ‘uneven’
  • Carney says U.K. must take ‘high road’ on regulation

How Brexit May Impact Downside Risks for Equities

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Bank of England Governor Mark Carney urged banks to get contingency plans in place for all potential Brexit outcomes, as the two-year countdown to the U.K.’s departure begins.