The Bank for International Settlements (BIS) has invited a group of central bank representatives and CEOs of private sector financial institutions, including Citi and BlackRock, to meet in Basel this weekend to discuss the risk related challenges of the current market. The talks are a reaction to concerns about the possible return of “excessive risk taking” amongst financial institutions and will likely include significant debate about the recently released Basel Committee on Banking Supervision (BCBS) proposals (see our coverage here).

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