SG’s Oudéa fires off warning on liquidity and Sifi rules

28 Jan 2011

Frederic Oudéa, chairman and chief executive of Société Générale, this week warned that excessive financial regulation could have a dangerous effect on the banking industry and the world’s economies.

In a speech made at the Institute of International Finance (IIF) conference, he said it was essential that the economic impact of upcoming regulatory reforms was closely monitored as "there was no doubt that the reforms would have significant consequences for the finance of the real economy.

"While ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial