Bank of England hunts for ‘cockroaches’ in $11tn shadow banking market
Yahoo Finance·2025-12-04 23:05

The Bank of England, whose Governor is Andrew Bailey, pictured, will subject private equity companies to a hypothetical financial crisis - Yui Mok/PA The Bank of England has launched a stress test for the shadow banking industry amid warnings of “cockroaches” lurking in the $11tn (£8.2tn) market. Major financial groups, including KKR, Blackstone, Apollo and Goldman Sachs Asset Management, have all signed up for the new stress test. Officials at Threadneedle Street will subject these private equity compa ...