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Banks trying to impose their own improvements and stay ahead of new regulation

July 18, 2008 · No Comments

Probably overdue efforts to bring credibility back to banking which has been tarnished by an ‘investment banking’ culture lately.

reportonbusiness.com: Be careful, and other new guidelines

Yet many of these proposed guidelines, outlined in a report Thursday by the Institute of International Finance, may strike investors as self-evident – a sign of just how far the banking system strayed from basic principles of monitoring and controlling risk.

Categories: economy · sub+prime

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