Nov
11
Carney Vows to Fix Finance Fault Lines and Build Global Markets
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ECB’s Draghi to speak at Open Forum in London on Wednesday
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Bank of England Governor says financial reform isn’t finished
Mark Carney said reform of the financial sector isn’t finished and the Bank of England will continually revisit regulation of banks.
“We want not only to profile progress made, but also to spur a continual process of review and reform,” the Bank of England Governor said. “This isn’t just about fixing the fault lines that caused the last crisis, but also about seizing new opportunities from fintech and market-based finance. It’s about building truly global markets, in the U.K. and elsewhere, and the cross-border governance and cooperation they need to function well.”…
Carney Vows to Fix Finance Fault Lines and Build Global Markets
