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Bank's King says QE no panacea for bank lending
(Reuters) - The Bank of England's resumption of its asset buying programme will not automatically persuade commercial banks to increase lending, though it should provide a safeguard against a major dip in loan activity, Bank governor said.<img width='1' height='1' src='http://mf.feeds.reuters.com/c/871/f/415342/s/198b196d/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Bank%27s+King+says+QE+no+panacea+for+bank+lending&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F10%2F25%2Fuk-britain-boe-king-idUKTRE79H69O20111025%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Bank%27s+King+says+QE+no+panacea+for+bank+lending&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F10%2F25%2Fuk-britain-boe-king-idUKTRE79H69O20111025%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div><br/><br/><a href="http://da.feedsportal.com/r/117145732696/u/0/f/415342/c/871/s/198b196d/a2.htm"><img src="http://da.feedsportal.com/r/117145732696/u/0/f/415342/c/871/s/198b196d/a2.img" border="0"/></a> [More]