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Leaders of the global financial industry today underscored their commitment to a constructive dialogue with governments and regulatory authorities to create the conditions for financial sector stability and economic growth. They called on the heads of the governments that will be attending the Group of 20 Summit in Canada in late June, and the international regulatory authorities, to seek to reach a timely consensus on the key elements of proposed bank regulatory reforms. Speaking at the Institute of International Finance’s (IIF) Spring Membership Meeting in Vienna, Dr. Josef Ackermann, Chairman of the IIF’s Board of Directors and Chairman of the Management Board and of the Group Executive Committee of Deutsche Bank AG, stated, “We are meeting at a crucial time for the global economy – a...
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