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FSB chair warns of leverage and AI threats to global financial stability

Andrew Bailey
Andrew Bailey. Photo: Yui Mok – WPA Pool/Getty Images

Andrew Bailey warned G20 on systemic financial risks from leverage and AI impacts, urging stronger governance and recovery measures.

The major systemic risks facing the global financial system have been laid out in a a letter to G20 finance ministers and central bank governors by Financial Stability Board chair Andrew Bailey.

The former Bank of England governor said the global economy was still absorbing the shock from the Middle

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