Hedge funds are a threat to global financial stability, says BIS chief

Agustin Carstens, General Manager of the Bank for International Settlements (BIS) warned that non-bank financial intermediaries can engage in risky practices, which could become problematic during market disruptions or economic shocks.

Oct 19, 2024 - 17:58
 0  2
Hedge funds are a threat to global financial stability, says BIS chief
Agustin Carstens, General Manager of the Bank for International Settlements (BIS) warned that non-bank financial intermediaries can engage in risky practices, which could become problematic during market disruptions or economic shocks.

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