Davos Bank CEOs Are Worried Markets Are Complacent Like 2006

Staley, Rogoff cite prospects for tighter monetary policy
Rubenstein, Corbat, M&G’s Richards discuss potential risks

Barclays CEO Jes Staley says collaboration between bankers, academics and regulators has drastically improved.(Source: Bloomberg)

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By Gavin Finch, Stephen Morris, and Donal Griffin

January 23, 2018 at 11:59 AM UTC

Updated on

January 23, 2018 at 5:36 PM UTC

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Global finance executives warned of parallels between today’s soaring stock markets and the froth of the pre-crisis years as they said investors could be wrong-footed by central banks raising interest rates.