Davos World Economic Forum 2009: Trichet warns financial markets to stop putting pressure on banks to hold more capital; Risk of making global recession worse
Jan 30th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Davos World Economic Forum 2009: Jean-Claude Trichet warned financial markets on Thursday to stop putting pressure on banks to hold more capital, insisting that such proposals were exacerbating the global recession, in particular the risk of falling international capital flows to emerging markets.