Financial institutions that got unprecedented policy support over the economic challenges posed by Covid-19 shouldn't expect the same for climate-change threats, a senior Bank of England official said today. Sarah Breeden, the BOE’s executive director for supervision of UK deposit takers, told an online event* that the current crisis provides a
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Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.