StanChart CEO calls Fed’s SVB deposit guarantee a ‘moral hazard’

  • Bill Winters, CEO of Standard Chartered, has expressed his opinion on the Federal Reserve’s SVB deposit guarantee.
  • He believes it is a ‘moral hazard’.
  • His remarks come as US regulators are trying to reassure investors about containing contagion in the financial system.

Via

Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download Pluggd.in, the short news app for busy professionals