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Obama plan for banks can help to avoid a new financial crisis

25-Jan-2010

Angel Gurría, Secretary-General of the OECD

U.S. President Barack Obama’s plan to separate core commercial banking from some higher-risk activities in financial conglomerates and to place a moratorium on further consolidation could help to avoid a new financial crisis by resolving some major risks inherent to the current financial system.

Statement by OECD Secretary-General to the International Monetary and Financial Committee

11-Oct-2008

Angel Gurría, OECD Secretary-General

As the financial crisis deepens and spreads, a decisive policy action is needed to restore confidence and restart the flow of credit, according to Mr.Gurría.

Statement by the Secretary-General of the OECD on the financial crisis and its aftermath

23-Sep-2008

Angel Gurría, OECD Secretary-General

OECD Secretary-General Angel Gurría welcomes and supports the systemic rescue plan for financial markets announced by the US Government, which he says will contribute to stabilizing the U.S. and world economies.

FDI from OECD countries jumps 50% in 2007 but set to fall in 2008

24-Jun-2008

Foreign direct investment (FDI) outflows from OECD countries in 2007 leapt to a record USD 1.82 trillion from USD 1.2 trillion in 2006 but are projected to fall sharply in 2008, according to estimates from the OECD.

European sovereign debt

Analysis from financial market expert, Adrian Blundell-Wignall

The European sovereign debt and banking crisis
More articles

Impact and policy responses

Insurance sector and the financial crisis

International Gateway for Financial Education

www.financial-education.org

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