UK banks are strong enough to survive a disorderly Brexit that could leave the country worse off than the 2008 financial crisis, according to the Bank of England.

None of the high street lenders have been told to raise billions of pounds in capital to strengthen their finances, under the Bank’s latest financial sector health check.


The Frankfurt headquarters of Deutsche Bank have been raided by prosecutors in a money laundering investigation.

Germany’s public prosecutor alleged that two staff members have helped clients launder money from criminal activities.