
Bank of England Chief Warns of 2008 Crisis Echoes
Bank of England Governor Andrew Bailey is sounding "alarm bells" over two US company collapses, warning they could be a sign of deeper systemic risks.
#Bank of England#Financial Crisis#Private Credit
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Bank of England Governor Andrew Bailey is sounding "alarm bells" over two US company collapses, warning they could be a sign of deeper systemic risks.

American households now hold a record 45% of their financial assets in stocks, prompting economists to warn of increased risks to the broader U.S. economy.

Major corporations are increasingly integrating financial services, a trend known as 'bankification.' This shift is driven by high profit margins but raises concerns about systemic risk and regulatory