Lord Campbell-Savours
Main Page: Lord Campbell-Savours (Labour - Life peer)Department Debates - View all Lord Campbell-Savours's debates with the HM Treasury
Tuesday 17th January 2012
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(12 years, 4 months ago)
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Lord Campbell-Savours
Has the Treasury carried out internally an inquiry into the level of exposure of British banks to banks within the eurozone that might collapse?
Lord Sassoon
My Lords, of course the FSA, in the course of its normal work, continually examines the exposure of the financial sector to a whole range of issues, including to the eurozone. The Europe-wide stress tests which were done, and done again, and finally done on a much better basis, looked at that matter last year.