Statement by G-20 Finance Ministers, Central Bankers on Global Economy » financialsurfer.com

Statement by G-20 Finance Ministers, Central Bankers on Global Economy

September 6th, 2009 | Category: Economy

Finance officials from the Group of 20 largest economies Saturday agreed to a global framework for bank capital rules, under which banks will face higher capital requirements, and agreed to guidelines on banker pay. Below is the verbatim text of their statement issued Saturday on the global economy. Getty Images U.S. Treasury Secretary Tim Geithner, British finance minister Alistair Darling, French finance minister Christine Lagarde (all in front), China finance minister Xie Xuren and Canada’s…

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