BOJ Kuroda calls for quick solution to Europe's banking woes

BOJ Kuroda calls for quick solution to Europe's banking woes
 

Bank of Japan Governor Haruhiko Kuroda on Thursday voiced hope that European policymakers act promptly to solve their region's banking sector problems.
"It's true Japan spent a long time to solve its banking sector problems" and the delay had hurt the economy, Kuroda told reporters, when asked about Europe's financial system woes including concerns over the financial state of Deutsche Bank.
"But each country's financial system and individual banks have their own unique features," which meant there was no one-size-fits all solution, he said upon arrival for the Group of... read more

 
6 October 2016 in Business, Views: 45
Source: Reuters
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