''Banks will need a “healthy push” by governments to fix balance sheets, abandon risky businesses and serve the public to avoid prolonging the financial crisis, the Bank for International Settlements said.
Lenders, almost four years after the collapse of Lehman Brothers Holdings Inc., still hold overvalued assets and are postponing necessary recapitalizations while relying on official funding, especially in Europe, the BIS said in its annual report released today. Banks are also returning to risks akin to those that led to the crisis, it said, adding that governments need to put more pressure on them by enacting and enforcing new rules..''
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http://www.bis.org/publ/arpdf/ar2012e6.pdf
read more..
http://www.bis.org/publ/arpdf/ar2012e6.pdf
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