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Qatar Central Bank Governor Engages with Global Finance Leaders in Washington
Sheikh Bandar bin Mohammed bin Saoud al-Thani, Governor of the Qatar Central Bank, met with UBS Chairman Colm Kelleher, World Gold Council's Shaokai Fan, and Citigroup Chair John Dugan during the 2024 Annual Meetings of the IMF and World Bank in Washington, DC. The discussions focused on the latest global developments in banking and finance.
Citi Chair anticipates delay in finalizing Basel III rules until after election
Citi Chair John Dugan indicated that the revised bank-capital rules, known as Basel III, are unlikely to be finalized before the next presidential inauguration. He highlighted a "fundamental stalemate" at the Federal Deposit Insurance Corp. regarding the latest version of the rules, with significant changes still pending from US regulators.
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