European bankers on Tuesday warned that excessive regulation in response to the global financial crisis would endanger growth in the real economy, although some international officials insisted tougher rules and an end to taxpayer-funded bank bail-outs remained essential for recovery.
Stephen Green, chairman of HSBC, Europe’s biggest bank, said there was a “real danger” that doctrinaire policy and demands that banks hold more capital could have perverse effects on the economy and society.
