BOC’s Carney: Ring-Fencing Foreign Bank Units Reduces Efficiency
From Real Time Economics
February 25, 2013 - 5:24pm
Bank of Canada Governor Mark Carney said Monday that proposals by some advanced nations to "ring-fence" capital and liquidity standards of foreign bank units operating in their jurisdictions could "substantially" reduce the global financial system's efficiency.
February 25, 2013 - 5:24pm
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