Quotes from the news wire:
The post-crisis world requires a major adjustment in bank business models, this is not some unintended consequence of overzealous regulation. It is a necessary, if painful adjustment to a new reality.
– England Deputy Governor Jon Cunliffe
Found on Reuters 9 years ago
The implementation of the detailed reforms will inevitably throw up unforeseen effects in particular places, and where it is justified we will need to revisit issues, but we should be careful about talking about turning back the overall regulatory dial or trying to trade off the risk of financial instability for short-term growth.
– England Deputy Governor Jon Cunliffe
Found on Reuters 9 years ago
This is not some unintended consequence of overzealous regulation. It is a necessary, if painful adjustment to a new reality.
– England Deputy Governor Jon Cunliffe
Found on Reuters 9 years ago
We're not seeing signs of that at the moment. Financial markets are not showing there is contagion or spreading of those risks to the periphery.
– England Deputy Governor Jon Cunliffe
Found on Reuters 9 years ago
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