Published 1 year ago

'Be very vigilant': Bank of England chief says the market is testing banks to identify weakness

Summary by Reuters

Top Bank of England officials said on Tuesday the central bank was on alert amid global turmoil in the banking sector but they also said Britain was not experiencing stress linked to the demise of Silicon Valley Bank and Credit Suisse.

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Times of India

Bank of England says it is on alert after turmoil in banking sector

UK News: Top Bank of England officials said on Tuesday the central bank was on alert amid global turmoil in the banking sector but they also said Britain was n

1 year ago·India

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BBC News

Bank of England on heightened alert for further banking turmoil

Bank of England says it remains vigilant after US bank collapses spark fears over financial stability.

1 year ago·United Kingdom

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The Guardian

Silicon Valley Bank collapse was fastest since Barings, says BoE governor

Credit Suisse crisis was ‘drawn out’ compared with SVB demise, Andrew Bailey tells MPs

1 year ago·London, United Kingdom

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The Independent

SVB collapse was fastest since Barings in 1995, Bank of England governor says

Andrew Bailey says economy is in ‘period of very heightened tension and alertness’ but UK banking system not in same position as during 2008 financial crisis

1 year ago·London, United Kingdom

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Reuters

Bank of England says it is on alert after turmoil in banking sector

Bank of England officials said on Tuesday the central bank was on alert amid global turmoil in the banking sector but added that Britain was not experiencing stress linked to the demise of Silicon Valley Bank and Credit Suisse.

1 year ago·United Kingdom

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CNN

Bank of England on high alert as investors 'test' banks

Bank of England governor Andrew Bailey has said investors are hunting for "points of weakness" in banking, as fears linger that the crisis in the sector could engulf more lenders.

1 year ago·Atlanta, United States

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