Friday, 31 October 2008
BIG BANKS GANG UP ON TREASURY
The money markets are chattering over the Mexican stand off with the Big Banks who have, in an unprecedented move joined forces to talk turkey with Treasury, over the deposit guarantee scheme. The Banks want some changes. Treasury is staring them down. The banks are staying firm - they want changes to clauses they think could give non banking institutions an advantage.
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1 comment:
com com could be interested in that sort of stance.
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