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"We must address the moral hazard in the system. It is unfair and unsustainable to privatize profits and socialize losses"
Rick Waugh, Scotiabank |
This years Felaban conference, held in Miami in November, attracted nearly 2,000 bankers to discuss how well Latin America has come through the financial crisis.
Keynote speakers at the Latin American federation of banks meeting included Roberto Setúbal, chief...