Wednesday, August 05, 2009
US threat to banks based in havens
International financial services groups should be excluded from the US market if they are based in countries that are havens from regulation, according to the head of a US congressional committee... Barney Frank, chairman of the House financial services committee, said he was concerned the new US push to regulate banks and brokers more rigorously could put it at a competitive disadvantage if other countries did not follow suit...
FT: US threat to banks based in havens
FT: US threat to banks based in havens
Permalink posted by markw @ 5:09 AM 
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