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.
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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