LONDON, June 4 (Reuters) - The Bank of England will gather
more information from banks on their likely losses on loans due
to the pandemic, its deputy governor Sam Woods said on Thursday.
The BoE's Prudential Regulation Authority will gather the
data ahead of banks' second quarter earnings to compare the
timing and amount of losses with those it modelled last month.
"This information will enable us to identify any significant
outliers and to further refine our estimates for future capital
exercises," Woods said in a letter to banks.
(Reporting by Huw Jones; Editing by Andrew Heavens)