BIS's Knight on global banking - paradigm shift

In the speech 'Global banking - paradigm shift' given on 5 October Malcolm Knight of the BIS said the three-pronged approach of Basel-II implementation represents a much more comprehensive method in the present-day complex banking situation.

Speaking at the fourth annual conference on 'Global Banking: a Paradigm Shift', Mr Knight said: "As the economic context in which banks operate has changed drastically, and with an increasing emphasis on the 'shareholder value' culture, banks today need to

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