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Bank CEOs a Davos Sideshow as the ECB, Oil Grab Spotlight

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Financiers have gone from masters of the universe to pariahs to punching bags at the World Economic Forum over the past decade. This year they’re a sideshow as policy makers dominate the debate.

While the global banking industry is still grappling with the consequences of the financial crisis and atoning for past misconduct, its travails are overshadowed at this year’s conclave in the Swiss Alps by oil, new terror threats and the European Central Bank’s plan to start buying government bonds to revive inflation.