Friday, 30 July 2010




* BofC: Banks should conserve capital, not pay richly * Warns that financial industry needs new attitude * Says G20 determined to reshape banking sector (Adds quotes) MONTREAL, Oct 26 (Reuters) - Bank of Canada Governor Mark Carney delivered a blunt rebuke to the global financial industry on Monday, saying it had shown insensitivity over high compensation and calling on it to get on board with reforms. "Relief is in danger of giving way to hubris," he said in the prepared text of a speech. He...
Full Story: The Guardian



 

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