© Reuters. FILE PHOTO: Governor of the Bank of England Andrew Bailey holds a news conference after the bank issued its latest Financial Stability Report at Bank of England in London, Britain December 13, 2022 Leon Neal/Pool via REUTERS
(Reuters) – Bank of England Governor Andrew Bailey said he did not see signs of a repeat of the 2007/8 global financial crisis, speaking at the International Monetary Fund Spring Meetings in Washington.
“I do not see the evidence that we’ve got on our hands what I would call … the makings of a 2007/8 financial crisis. I really don’t see that,” Bailey said when asked about recent instability in the banking sector.
“The system is in a much more robust condition,” he added.
by : Reuters
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