Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 26°C
DKI Jakarta, Indonesia
26°C Light Rain

Rain until tomorrow morning, starting again tomorrow afternoon.

  • Thu

    26℃ - 31℃

  • Fri

    26℃ - 32℃

  • Sat

    27℃ - 32℃

  • Sun

    26℃ - 30℃

Improve bank regulations to avoid crisis, Soros says

  • Aditya Suharmoko

    The Jakarta Post

Jakarta | Thu, February 11 2010 | 11:57 am

PREMIUM Billionaire financier George Soros, upon his visit to Jakarta on Wednesday, again stressed the need to improve global bank regulations to avoid another economic crisis.

Soros has repeatedly said that regulators have for years conducted hands-off policies that have allowed banks and other big companies to take risks that could endanger the financial system.

“The whole banking syste...