Easybourse, 27 Mar 2009
LONDON -(Dow Jones)- The global financial crisis has underlined the importance for countries to have some national "anchor banks," which won't exit a market during hard times, Singapore Finance Minister Tharman Shanmugaratham said Friday.
"There is some merit in anchor players and you can only maintain anchor players if you're willing to" think hard about limits on takeovers and "who are the significant shareholders in your banks."
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