Basel watchdog says better supervision needed for global banking system.
M2 EQUITYBITES-October 6, 2023--Basel watchdog says better supervision needed for global banking system
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Global Banking News - 06 October 2023
Global banking regulators have opined that better supervision is needed to identify risk-taking banks that can put the global economy into trouble According to Reuters.
The Basel Committee said that banks with unsustainable business models need to be identified and their problems remedied. A consultation paper that is expected from the Basel Committee next month will focus on requiring banks...
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