This Is the Absolutely Worst Time to Weaken Global Bank Rules

American Banker
December 2, 2016

Five decades of coordinated bank regulatory efforts to improve the safety and soundness of internationally active banks is under assault.

Anti-globalism sentiment in various parts of Europe and the U.S. has spilled over to international standard setting bodies such as the Basel Committee on Banking Supervision. While it is understandable that people around the world are questioning the benefits of global trade, reverting to a “my country first” mentality will end up hurting local economies, which will adversely affect banks…Read More

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