Downing Street Says » Meeting with Global Banks

» Monday, March 23, 2009

Meeting with Global Banks

Asked if the meeting with global bank chief-executives tomorrow was a regular meeting, the Prime Minister s Spokesman (PMS) said no; it was part of a series of meetings that we were having ahead of the G20. Last week there was a meeting with global business leaders and the Prime Minister would tomorrow meet CEOs of some of the world s largest international banks.

Asked what the Prime Minister s message would be to the CEOs of the banks, the PMS said that they would discuss the outlook for the global financial system and the reforms that needed to be made. Lord Turner, who had last week published a wide-ranging review of both the UK and global financial systems, was also expected to attend.

Asked if the Prime Minister was going to tell them things or listen to what they had to say, the PMS said that the Prime Minister was going to have a discussion with them ahead of the G20 meeting.

Asked if the head of Northern Rock would be attending the meeting, the PMS said that he did not have an exact cast list but it was a meeting of international banks.

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