ACI on quest for global understanding
Views and opinions of members obtained through subcommittees during this year's ACI World Congress in Vienna (May 29-31) and results from a pre-conference survey proved interesting reading. A summary of the pertinent points is shown below:
Confidence is low. Full disclosure of all losses and risk within bank balance sheets is required. A number of positive quarterly reporting results from banks will hopefully form a foundation that can support confidence rising.
The central bank liquidity efforts
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