Negative Rate Pressure Isn’t Letting Up: Danish Banking Assoc.
Source: BFW (Bloomberg First Word)
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Tonny Thierry Andersen (Danske Bank A/S)
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(Bloomberg) -- Negative central bank rates still pose a challenge for Denmark’s banks, Tonny Thierry Andersen, chair of Danish Bankers Association, says in speech.
Alert: HALISTER1- Banks needs to work harder to close confidence gap, as negative rates, Panama papers, money laundering cases continue to raise doubts about industry
- Warns that regulation should be risk-based, however, as banks need to focus on customers whose activities pose the greatest risks
- Urges regulators negotiating Basel 4 to be “pragmatic” when deciding how capital requirements should be allocated so risk-based approach is retained
Source: BFW (Bloomberg First Word)
People
Tonny Thierry Andersen (Danske Bank A/S)
To de-activate this alert, click here
UUID: 7947283