Bankers know changes are needed but warn about over-regulation

06/8/2010 | Reuters

Bankers have acknowledged that regulatory changes are needed, but they are expected to voice concern this week about over-regulation. Bankers say regulation that is too tough would hinder economic growth and could threaten to send the economy into a double-dip recession. Banks face significant changes, and executives are urging officials to give them enough time for proper implementation.

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