Close
ThinkAdvisor

Life Health > Running Your Business

Who should regulate the banks?

X
Your article was successfully shared with the contacts you provided.

Sweden hasn’t had its banking crisis yet, but growing household debt in the country means it might not be far off. Trying to prevent a crisis is the Swedish Financial Supervisory Authority and the country’s central bank. However, the two are not working together. Instead, they’re bickering over who gets steer the country away from disaster. Perhaps Sweden will look at the similar conflicts in the U.S., the U.K. and the euro zone, and see that in-fighting fixes nothing.