Tuesday, 27 May 2014

Lagarde says new bank regulations not good enough.

I’m sure she’s right. But the big question is whether the IMF has to competence to demolish the arguments put by banks in favour of retaining the status quo: i.e. making virtually no improvements to bank regulation. On past performance, I doubt it.
(H/t to Vincent Richardson).

No comments:

Post a Comment

Post a comment.