Global financial stability risks still on the rise, IMF says

WASHINGTON (Reuters): Risks to the global financial system have grown over the past six months and could increase with a messy British exit from the European Union or an escalation of US-China trade tensions, the International Monetary Fund said on Wednesday.

The IMF, whose spring meetings with the World Bank begin in Washington this week, noted that the global economic expansion is slowing, and an abrupt downturn could have a far-reaching impact.