Submitted by GoldCore on 07/22/2014 - 04:38
Bank of England Barclays China Citigroup Consumer Sentiment Creditors Fail Japan Too Big To Fail
Bank of England officials led by Mark Carney, the Bank of England governor, are attempting to bridge sharp differences among leading G20 countries as they prepare a landmark set of proposals aimed bringing in the new bail-in regime. The issue is of major consequence also to depositors who could see their savings confiscated as happened in Cyprus. Bail-ins are coming to banks in the western world with consequences for depositors.