Financial Stability Board chair says banks are set to face more challenges.
BANKING AND CREDIT NEWS-July 9, 2020--Financial Stability Board chair says banks are set to face more challenges
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Global Banking News - 09 July 2020
The chair of the Financial Stability Board (FSB), a body that monitors and makes recommendations about the global financial system, has predicted that global banks will have to face more challenges in the second phase of the COVID-19 pandemic.
FSB chair, Randal Quarles, said that more problems could come to the fore as the Covid-19 downturn unfolds. He said that the developments would lead to the need...
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