G8 finance ministers signalled cautious optimism on the weekend that the worst of the global financial crisis might be over and began discussing “exit strategies” to counter the threat of inflation, reports the FT. Stress tests for banks were also discussed, aides said, but rifts over the issue – with France and Germany resisting calls for more transparency over results – kept an explicit mention of tests out of the final communique (here). Bloomberg adds more detail.

This entry was posted by Gwen Robinson on Monday, June 15th, 2009 at 5:00 and is filed under Capital markets, People. Edit this entry.