(Bloomberg) Banks’ record demand for cash from the Bank of England may lead policy makers to ease financial conditions through the bond market within months, according to analysts.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesBiden Calls Ally Japan ‘Xenophobic’ Along With
(Bloomberg) The Bank of England found a number of UK banks were unable to measure their exposure to private equity giants and their portfolio companies and ordered them to begin stress testing those relationships. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsBillionaire Pinaults Fight to Pull Gucci Off the Discount RackApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020‘Magnificent S
(Bloomberg) The UK economy grew for a second month in February, suggesting a recovery from recession is now under way.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsGross domestic product rose 0.1% from January,
The Bank of England warned that investors may be too complacent about the challenges facing the global economy, with the result that there is an increased risk of a “sharp correction” in asset prices.