Wheeler: U.K. Has History of Strong Banking Industry

The video discusses the risks associated with lowering bank buffers, emphasizing the importance of banks working with the real economy. It highlights the exposure of UK banks to commercial real estate and the potential impact of economic downturns. The discussion also covers the future of UK banking post-Brexit, noting the strong management and changes in the industry. Finally, it addresses the challenges faced by banking staff and the uncertain job market.

What is the outlook for the banking industry in the UK post-Brexit according to the discussion?

What challenges do UK banks face in the current economic climate?