Summary
HSBC chief executive Stephen Green today urged world leaders to restrain bank lending during economic booms and save cash for downturns.
Green said regulators should insist banks build up reserves in the good years, but be able to relax rules during times of distress. He added that it was vital rules were introduced to influence the supply of credit in good times and bad.See the full content of this document
Extract
Banks 'Must Save Cash in Good Times'
The call came a week before...
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