Preventive measures will not stop the next financial crisis

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Preventive measures will not stop the next financial crisis更新于2018年9月25日 06:21 By Axel Weber
Following the global financial crisis, we have significantly improved the resilience of the financial system, strengthened the capital and liquidity positions of banks and increased our ability to deal with failing lenders.
But all these changes have absorbed and still require very substantial resources in the private sector. This involves not just significant monetary investment, but also leadership time and it competes with other important initiatives to transform the sector at a time when technology is forcing it to change even more rapidly.

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关键词：financial inancial measures Financia Measure