Brown, Darling, Turner to Meet Global Bank Chiefs on Regulation
U.K. Prime Minister Gordon Brown, his finance minister Alistair Darling and the chairman of the financial Services Authority, Adair Turner, will meet the chief executives of global banks tomorrow to discuss regulation.
The mid-morning meeting at Brown’s office in Downing Street will take place a week before leaders from the Group of 20 industrialized and developing nations gather in London to discuss a coordinated response to the banking crisis that has led to the first global recession since the second world war.
“This is part of a series of meetings we’re having ahead of the G-20 meeting,” Brown’s spokesman Michael Ellam told reporters today. “They’ll be discussing the outlook for the global financial system and the reforms that need to be made.”
Ellam refused to name attendees or give any other details.
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