Regulators want to curtail risks exposed after global banks took bailouts in the biggest financial crisis since the Great Depression. Forcing lenders to dedicate capital and liquidity to multiple local subsidiaries may undermine the business logic of a multinational structure.
Global banking under siege as regulators guard national interest
December 5, 2012
This article requires free registration
This article requires free registration to Law.com. Please sign in or register to read the full text.