US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss, FT reports

​The ​Bank ‌of England ​and the ‌US Federal Reserve have stepped up scrutiny of ‌bank exposures to large ‌trading firms after turmoil at AI-focused ⁠hedge ​fund Situational ⁠Awareness caused large ⁠losses at Jane ​Street, the Financial Times reported ⁠on Monday, citing ⁠people ​familiar with the matter.

Reuters could ⁠not immediately verify ⁠the report.