#MAGA
"The US has already announced a review of its deposit insurance system, something Bailey said could be a problem for smaller UK banks as they "find it harder to issue marketable long-term debt securities that can count as 'eligible liabilities'".
What's up with this review?
4.17.23
https://uk.finance.yahoo.com/news/how-bank-of-england-prevent-svb-bank-runs-101740090.html?guccounter=1&guce_referrer=aHR0cHM6Ly9zZWFyY2guYnJhdmUuY29tLw&guce_referrer_sig=AQAAAJiXXqAHatR1OVg1GHmpM2HuD29BnMZdfdZpzE-kYpnZMJ7fJL-ZsLzko9WWk3DuIDGbYVOKDfR_MXO4vN-iCfXgRmQOsG0fZl_uHvMgcBmMWw23I_DL9sYwObhwnqtL1LSmxd2OiUr2phDISed9ymJ2w9aChRixfOLAED9E74Gr
How Bank of England plans to prevent SVB-like bank runs
The Financial Services Compensation Scheme is being urgently reviewed after the rapid failure of Silicon Valley Bank last month.
https://uk.finance.yahoo.com/news/how-bank-of-england-prevent-svb-bank-runs-101740090.html?guccounter=1&guce_referrer=aHR0cHM6Ly9zZWFyY2guYnJhdmUuY29tLw&guce_referrer_sig=AQAAAJiXXqAHatR1OVg1GHmpM2HuD29BnMZdfdZpzE-kYpnZMJ7fJL-ZsLzko9WWk3DuIDGbYVOKDfR_MXO4vN-iCfXgRmQOsG0fZl_uHvMgcBmMWw23I_DL9sYwObhwnqtL1LSmxd2OiUr2phDISed9ymJ2w9aChRixfOLAED9E74Gr
