OECSDERISKINGFACE

CONGRESS HOLDS ROUNDTABLE WITH CARIBBEAN COUNTRIES ON PROBLEMS OF “DE-RISKING” BY GLOBAL BANKS

[International Banking\Caribbean]
Senior Bankers from six major U.S. Banks and U.S. Congresspersons gathered with a delegation representing CARICOM at Capitol Hill in Washington, under the Chairmanship of Congresswoman Waters…U.S. legislators expressed alarm at the effect on the Caribbean of de-risking and the loss of CBRs from U.S. banks as well as the effect on U.S. national security if the situation worsens.
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