Pour some more petrol on the fire why don’t you !
- lots of risks shifting to non banks
- investors think non banks have assets that are much more liquid than they really are
- banks struggling to adapt business models to post crisis environment
- global economic recovery is “really mediocre”
Jose Vinals, Financial Counsellor Director of the Monetary and Capital Markets Department picking his moment to scare the markets addrwssign the British Bankers Association annual conference
Add:
- the 60% figure is from a survey of 300 of the world’s largest banks
