The World Economic Forum (WEF) has created a new task force with Reserve Bank of India Governor Raghuram Rajan and his Bank of England counterpart Mark Carney to study how rapid changes in technology affect financial stability and growth. The group is formed partly at the request of Carney and includes Bank of America Chairman and CEO Brian Moynihan and HSBC Chairman Douglas Flint.
"The group will focus on the inclusion of emerging market economies in the global financial system, technology-enabled innovation, and the economic cost benefit of post-crisis regulatory reforms," the WEF said in a statement.
Michael Corbat, CEO of Citigroup, and BlackRock Chairman and CEO Laurence Fink are also members, along with Min Zhu, deputy managing director of the International Monetary Fund, and Liu Mingkang, a research fellow at the Chinese University of Hong Kong.
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By IndianMandarins - 2016-01-27 10:39:16
The World Economic Forum (WEF) has created a new task force with Reserve Bank of India Governor Raghuram Rajan and his Bank of England counterpart Mark Carney to study how rapid changes in technology affect financial stability and growth. The group is formed partly at the request of Carney and includes Bank of America Chairman and CEO Brian Moynihan and HSBC Chairman Douglas Flint.
"The group will focus on the inclusion of emerging market economies in the global financial system, technology-enabled innovation, and the economic cost benefit of post-crisis regulatory reforms," the WEF said in a statement.
Michael Corbat, CEO of Citigroup, and BlackRock Chairman and CEO Laurence Fink are also members, along with Min Zhu, deputy managing director of the International Monetary Fund, and Liu Mingkang, a research fellow at the Chinese University of Hong Kong.
