IMF Says Global Bank Regulation Is Failing, Handelsblatt Reports
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An International Monetary Fund report shows that regulators haven’t gone far enough in taming potential financial-market excesses since the economic crisis began, the Handelsblatt newspaper reported.
Banks remain too big and their businesses even more complex even after efforts to curb their latent capacity to rock the financial system, according to the IMF report that is published today, the newspaper said.