Crisis-era regulators call on banks to halt distributions, de-leverage trading
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WASHINGTON (Reuters) - Banks should immediately halt share buybacks, dividends and most staff bonuses to bolster capital and increase the capacity to lend to the real economy, a group of former senior regulators said in a statement to G20 finance ministers and central bankers on Thursday.The Systemic Risk Council, a non-partisan body which comprises a number of officials who navigated the financial system through the 2008 crisis, said regulators should also require banks to gradually de-leverage..