Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: Haim R. Branisteanu	3/2/2010 11:42:34 AM
	1 Recommendation of 74559

ECB's Nowotny says US may need different bank... (Haim comment - it is about time!) ECB: ECB's Nowotny says US may need different bank regulations to EU, says its unsatisfactory that there are no EU ratings agencies. Said he has his doubts over whether there should be CDS, they don't make sense for sovereign names but CDS regulation talks are not very far along. Said in future, 5 of world's top 10 banks will be from Asia. Provided by: Market News International

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