Germany’s Merkel says G20 needs to act on big banks’ influence

January 20, 2010

Merkel warning    BERLIN, Jan 20 (Reuters) – The Group of 20 economic powers need to develop a set of rules to prevent banks becoming so big that they can hold governments to ransom, German Chancellor Angela Merkel said on Wednesday.
   She said this would be an issue for discussion at G20 meetings this year. (Reporting by Paul Carrel and Madeline Chambers) ((; +49 30 2888 5210; Reuters Messaging:
 Keywords: G20 GERMANY/BANKS 
Wednesday, 20 January 2010 08:45:19RTRS [nBEB004424] {C}ENDS

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