BoE's Bailey says bank reforms worked but questions about liquidity buffers

April 12 (Reuters) -

Bank of England Governor Andrew Bailey said bank reforms enacted after the global financial crisis of 2007-09 worked during the recent banking turmoil, but there were questions about whether banks should set aside more cash buffers.

"I don’t believe we face a systemic banking crisis," Bailey said in a speech on Wednesday to the Institute of International Finance in Washington where he is attending International Monetary Fund meetings.
(Reporting by Huw Jones Writing by William Schomberg )

Reuters Messaging: william.schomberg.reuters.com@reuters.net))

Reuters

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BoE's Bailey says bank reforms worked but questions about liquidity buffers