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ExTraders Global<p>Bailey emphasized that British banks have played a crucial role in maintaining financial stability in the country, navigating the challenges of the past four years robustly. <a href="https://mastodon.social/tags/BankOfEngland" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankOfEngland</span></a> <a href="https://mastodon.social/tags/AndrewBailey" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AndrewBailey</span></a> <a href="https://mastodon.social/tags/FinancialReserves" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialReserves</span></a> <a href="https://mastodon.social/tags/FinancialStability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialStability</span></a> <a href="https://mastodon.social/tags/BritishBanks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BritishBanks</span></a> <a href="https://mastodon.social/tags/LoughboroughUniversity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LoughboroughUniversity</span></a></p>
ExTraders Global<p>At a seminar hosted by Loughborough University Business School, Bank of England (BoE) Governor Andrew Bailey highlighted the significant increase in total reserves held by major British banks at the BoE. Bailey noted that before the 2008 financial crisis, these reserves amounted to only £10 billion. Today, they stand at £467 billion, with a substantial portion consisting of high-quality liquid assets.<a href="https://mastodon.social/tags/BankOfEngland" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankOfEngland</span></a> <a href="https://mastodon.social/tags/AndrewBailey" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AndrewBailey</span></a> <a href="https://mastodon.social/tags/FinancialReserves" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialReserves</span></a> <a href="https://mastodon.social/tags/FinancialStability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialStability</span></a> <a href="https://mastodon.social/tags/BritishBanks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BritishBanks</span></a></p>
The European Network<p>Moscow has financial reserves abroad that no one is talking about.</p><p>Sanctioned billionaires and the reserves of the Russian Central Bank are at the center of a search for Russian funds. But Russia is also using a shadow banking system to accumulate state controlled funds abroad.</p><p><a href="https://www.nzz.ch/english/russia-is-likely-building-shadow-reserves-abroad-ld.1754540" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">nzz.ch/english/russia-is-likel</span><span class="invisible">y-building-shadow-reserves-abroad-ld.1754540</span></a></p><p><a href="https://mstdn.social/tags/Russia" class="mention hashtag" rel="tag">#<span>Russia</span></a> <a href="https://mstdn.social/tags/Sanctions" class="mention hashtag" rel="tag">#<span>Sanctions</span></a> <a href="https://mstdn.social/tags/Billionaires" class="mention hashtag" rel="tag">#<span>Billionaires</span></a> <a href="https://mstdn.social/tags/Tycoons" class="mention hashtag" rel="tag">#<span>Tycoons</span></a> <a href="https://mstdn.social/tags/Oligarch" class="mention hashtag" rel="tag">#<span>Oligarch</span></a> <a href="https://mstdn.social/tags/WarInUkraine" class="mention hashtag" rel="tag">#<span>WarInUkraine</span></a> <a href="https://mstdn.social/tags/FinancialReserves" class="mention hashtag" rel="tag">#<span>FinancialReserves</span></a></p>