Bitcoin Price and IMF: Banks Should Manage Perceptions
The Bitcoin price hit $400 in the Bitstamp exchange chart. Price is currently trading in the $390s and looks set to establish trade above $400 in the coming days. Meanwhile, delving further into yesterday's special IMF report, a message to the banking sector emerges: Manage Perceptions. Also read: Banking Elite Meet In Washington to Discuss Bitcoin Threat. IMF: Banks Should Manage Perceptions. Global Economy. Bitcoin Price Analysis. Comments. IMF: Banks Should Manage Perceptions. In part three of the IMF's Global Financial Stability Report entitled Risk Taking By Banks: The Role of....
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In Monday's Global Financial Stability Report, the IMF warned of a coming liquidity crisis and ramp-up in market volatility. Digging deeper into the report, CCN uncovers IMF admissions of the banking sector's failure to manage risk, as well as, advice to banks to prepare for a public backlash due to perceived excesses. Part three of the IMF's Global Financial Stability Report entitled Risk Taking By Banks: The Role of Governance and Executive Pay has been an insightful read. In a nutshell, the report has the IMF rapping the global banking industry over the knuckles for excesses and a lack....
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