Mary Poppins shows banking industry it must change: IMF's Lagarde

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The head of the International Monetary Fund called on the global banking industr...

LONDON - The head of the International Monetary Fund called on the global banking industry to aim for higher ethical standards, saying it was no coincidence that the recent sequel to a film about Mary Poppins cast a banker as its rogue.

“After all, a healthy economy requires a healthy financial sector that is at the service of people as they pursue better lives for themselves and their children.”“Its latest version, seen by millions of children around the world, is telling us something about the deeply felt sense of unease about the role of finance in today’s world,” she said.

She repeated her calls for countries not to soften banking reforms introduced after the global financial crisis, something President Donald Trump has already done in the United States.

 

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