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A resilient financial system

· Andrew Bailey, Governor of the Bank of England (United Kingdom)

Summary written by Dark Majestic in its own words · topics: financial stability

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· Andrew Bailey Wiki · Bank of England WikiA resilient financial system

ContextSpeech at TheCityUK annual dinner in London; the Bank of England protects financial stability and wants a resilient financial system.

Why it mattersBailey calls for mobilising long-term capital after Covid.

Problems raised
  1. The financial system must support the economy.
  2. Long-term capital is needed after COVID.
  3. Resilience matters.
Solutions proposed
  1. Keep the financial system resilient.
  2. Mobilise long-term capital.
  3. Support businesses post-pandemic.
Read full speech on bis.org ↗

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