Bank of England on heightened alert for further banking turmoil
The Bank of England is on "heightened" alert for further turmoil in the banking sector, its governor has said. Officials have tried to calm investors since Silicon Valley Bank and Signature Bank failed, sparking concerns about the stability of other lenders. Mr Bailey told MPs on the Treasury…
#bankofengland #treasurycommittee #siliconvalleybank #svb #baringsbank #samwoods