Global financial system in danger of fragmentation

Peter Sands, group CEO of Standard Chartered, says the world’s financial system is in danger of fragmentation due to new regulations that have not been properly thought through.

<div style="text-align: left;"> Standard Chartered CEO Peter Sands captured at a G20 business summit in Seoul (AFP)</div>

Nick Lord

March 30, 2012

The danger of creeping protectionism and a fragmentation of the global financial system are being heightened by regulators who are looking in the rear-view mirror, argues Peter Sands, CEO of Standard Chartered, in an exclusive interview with FinanceAsia.

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