Observations
May 06, 2025In recent comments to the UK House of Commons Treasury Select Committee, Sam Woods, Deputy Governor of the Bank of England (BoE), said that the central bank is closely monitoring the impact of US President Donald Trump's newly announced tariffs, warning they could lead to a rise in bad loans among UK lenders.
Observations
Oct 20, 2023In a recent speech, Sam Woods, Deputy Governor at the Bank of England and Chief Executive Officer of the UK Prudential Regulation Authority, argued that the failure of Credit Suisse made clear that "money isn't everything," as it was caused by shortcomings in governance and risk management, not capital or liquidity.
