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BoE governor Andrew Bailey: ‘We have to be very vigilant’ after Silicon Valley Bank, Credit Suisse crises
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Andrew Bailey has told MPs that British banks are safe from the wider turmoil sweeping the global banking system, in the wake of the near-collapse of Silicon Valley Bank, Credit Suisse and others.
Speaking to the Treasury Committee on 28 March, the governor of the Bank of England said: “I don’t think any of these features caused stress in the UK banking system.
“I...
Read more on fnlondon.comAbout this in other media
First Citizens to buy large chunk of failed Silicon Valley Bank cnbc.com /1 year ago
Greedflation: are large firms using crises as cover to push up their profits? theguardian.com /1 year ago
Wetherspoon’s boss: hospitality holding off price rises could be ‘catastrophic’ theguardian.com /1 year ago
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