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Global financial system susceptible to shocks, Bailey warns G20
Western Mail
|October 15, 2025
THE global financial system is vulnerable to shocks amid a recent surge in the price of shares and other assets, Bank of England governor Andrew Bailey has warned.
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Mr Bailey, chairman of the Financial Stability Board (FSB), the fiscal risk watchdog for the G20 group of nations, urged greater multilateral cooperation between nations to help support global financial systems.
In a letter to G20 ministers, he said that increased debt levels and a failure to fully implement agreed financial reforms would lead to increased vulnerability.
Mr Bailey cautioned that there could therefore be a “disorderly adjustment’, which would see asset prices slump from recent highs.
Dit verhaal komt uit de October 15, 2025-editie van Western Mail.
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