Breaking News

Tweet TWEET

Sands Says ICB Proposals Favor Creation of Risky Smaller Banks

Standard Chartered Plc (STAN) Chief Executive OfficerPeter Sands said the Independent Commission on Banking’s proposals favor the creation of lenders similar in size to those institutions that tend to fail.

Sands spoke at a debate moderated by Bloomberg Television at the World Economic Forum in Davos, Switzerland.

To contact the editor responsible for this story: Keith Campbell at k.campbell@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.