Bankers try to fight off wave of controls

February 7th, 2010

“We cannot have reform of the system driven by what each country sees that it needs for itself,” Dominique Strauss-Kahn, head of the International Monetary Fund, told the Davos forum on Saturday. “We need to have co-ordination – we cannot afford to have different solutions in different parts of the world.”

Bankers fight controls
As Davos ends, bankers fight to fend off controls on matters ranging from bonuses to proprietary trading and derivatives.

Entry Filed under: Analysis & Commentary

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