Statement now out from Carney in his guise as FSB ( Financial Stability Board) chairman

  • compensation regimes seen as a way to improve conduct standards
  • not looking to propose a UK-style senior managers regime as way to improve conduct standards
  • G20 countries now have tools to end "too big to fail" banks
  • 30 biggest banks must issue bail-in bonds equivalent to 18% of risk-weighted assets by 2019

Carney - All over for "too big to fail" ?