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At Summit, Banks Avoid New Global Regulations

Publié par Clifford Armion le 28/06/2010

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Chris Nicholson

"Giant banks, while bracing for a wave of tougher regulation in Washington, will not have to face a new set of global rules on capital and liquidity anytime soon, Sewell Chan and Jackie Calmes report in The New York Times.

"The world's biggest economies have been developing rules that would require banks to hold more capital and be better equipped to absorb losses when financial conditions sour. But it became clear on Sunday at the meeting of the Group of 20 countries that it could be years before they take effect.

"The rules are to be finished at the next G-20 leaders' summit talks, in Seoul, South Korea, in November." Read on...
Pour citer cette ressource :

"At Summit, Banks Avoid New Global Regulations", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2010. Consulté le 18/05/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/at-summit-banks-avoid-new-global-regulations