Global banking system was ‘two hours’ from a total collapse: former UK chancellor Darling speaks

The global banking system was just “two hours” from a total collapse according to the former UK Chancellor of the Exchequer Alistair Darling.

Darling was speaking as the keynote speaker on the second day of the three day InvestmentEurope Pan European Fund Selector Summit in Hamburg where he discussed the lasting consequences of the 2008 banking crisis, the impact of monetary policy and prospects for Brexit

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