News and Announcements

BoE's Bailey says 'alarm bells ringing' on private credit after US failures

By Frank Prenesti

Date: Tuesday 21 Oct 2025

(Sharecast News) - The recent collapse of US firms First Brands and Tricolor has raised concerns about the strength of the private credit market, Bank of England Governor Andrew Bailey warned on Tuesday, as he compared the failures to the sale of sub-prime mortgages that caused the 2008 financial crash.
Bailey...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page