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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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fnlondon.comAndrew 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...
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