Goldman welcomes Basel’s rationalisation drive

Narayanan Somasundaram
10 Apr 2019

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A senior Goldman Sachs official in Asia has praised efforts by financial regulators to make global regulation more coherent, to avoid hurting banks’ ability to serve their clients.

Jenny Cosco, co-head of government affairs for Asia-Pacific at Goldman, told a conference on April 10 she welcomed the Basel Committee’s publication of a “comprehensive compendium” of its prudential regulations, and accompanying consultation on “the collective impact of those

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