U.K. bank Standard Chartered CEO Bill Winters warned of further issues in the banking sector in an interview with CNBC on Tuesday.
That was Standard Chartered’s UK:STAN chief executive Bill Winters explaining that banks are still exposed to some risks remaining from the turmoil U.S. and European banks faced last month, which have largely subsided, he told CNBC on Monday.
“I... “I think we can put the crisis behind us. I don’t think we can put the issue behind us.” That was Standard Chartered’s STAN chief executive Bill Winters explaining that banks are still exposed to some risks remaining from the turmoil U.S. and European banks faced last month, which have largely subsided, he told CNBC on Monday.
“I think we could burden the economy with a tremendous amount of excess regulation in response to this if we’re not careful.” “There are other imbalances that built up during this long period of very low interest rates that haven’t come home to roost in some form of a crisis. It’s incumbent on us to understand where those are to try and anticipate the changes that can come,” he added.
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