Bank of England chief warns of 2008 crisis echoes Bank of England Governor Andrew Bailey has issued stark warnings about potential systemic risks in the global financial system, drawing direct parallels to the conditions that precipitated the 2008 financial crisis. Speaking to lawmakers Tuesday, Bailey questioned whether recent corporate collapses represent isolated incidents or signal broader vulnerabilities in the rapidly expanding private credit market. #FinancialCrisisWatch #PrivateCreditScrutiny #RegulatoryResponse #BankingStability #Megabankruptcies #MarketImpact2025 #CreditMarketsAlert https://www.perplexity.ai/...
US firm collapses ringing 'alarm bells', says Bank of England chief
The Bank of England governor says the collapse of two US firms could be a sign of wider problems in the financial sector.
https://www.bbc.com/news/articles/cvgv102n4gwo
3 days ago