Carney: G-20 summit will be ‘watershed’ in TBTF efforts

9615973034-dbef25517d
Mark Carney

Bank of England governor Mark Carney today insisted that next month's G-20 meeting in Brisbane, Australia, will be "the watershed" in global efforts to end the ‘too-big-to-fail' problem.

At the summit the Financial Stability Board (FSB), which Carney chairs, will submit proposals that will be "decisive" in ensuring that systemically important institutions "bear the cost of their own actions".

Carney made his remarks during a panel discussion in Washington, DC, where he also criticised bankers in

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: