World leaders need to press more quickly for an overhaul of global banking regulations to help shore up the economic recovery and clarify the “rules of the game” going forward, Treasury secretary Timothy Geithner said in advance of meetings this weekend among key finance ministers and central bankers. “We want to accelerate progress on reaching and putting in place global agreement on the core reforms,” Geithner said as he prepared for talks in South Korea with his counterparts from the Group of 20.
0 minute readGeithner urges swift ‘global agreement’ on financial reforms to support recovery
June 3, 2010, 2:25pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio