UK should not push through Edinburgh reforms, top banking expert warns
The government should not relax financial sector regulations at a time when banks are already facing severe pressure, a senior banking expert has warned.
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The government should not relax financial sector regulations at a time when banks are already facing severe pressure, a senior banking expert has warned.
Bringing Taiwan to the World and the World to Taiwan
By Antonio Floglia (*), LONDON – Rather than developing a robust understanding of the errors that led to the 2008 global financial crisis, politicians and the public demanded that supervisory authorities simply double down on regulation. So, that is what they did, and we are now seeing the results with the sudden collapse of Silicon Valley Bank.
Nouriel Roubini - who predicted the 2008 crash - called the Credit Suisse situation a 'Lehman moment' for global markets.
Nouriel Roubini - who predicted the 2008 crash - called the Credit Suisse situation a 'Lehman moment' for global markets.