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Major financial institution criticizes Bank of England's confidential bailout tool by March 31, 2025?
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Public statements or reports from major financial institutions or coverage by reputable financial news outlets
Story
Bank of England Introduces Confidential Bailout Tool to Prevent Economic Crisis, Bloomberg Reports
Dec 9, 2024, 09:38 PM
The Bank of England has announced a new financial stability tool aimed at preventing a wider economic crisis. Under this tool, the identities of pension funds, insurers, or hedge funds that receive bailouts will be kept confidential. This measure, reported by Bloomberg, is designed to maintain stability and avoid panic in the financial markets.
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