The Guardian prepping everyone for what's to come.
Quote
"BoE warns lenders including Barclays and Standard Chartered in effort to prevent social media-driven runs"
"The Bank of England has told big UK banks including Barclays and Standard Chartered that they need to improve their preparations for a potential failure as it pushes banks to rapidly assess their financial position to prevent social media speculation sparking consumer panic.
The findings were part of the Bank’s second assessment of whether banks could “safely” shut down without destabilising the financial system or immediately requiring taxpayer cash.