written by reader New Banking Rules?

by Anonymous Questions | February 8, 2015 9:30 pm

I came across an article about a meeting on nov 16 in Brisbane, Australia[1]. At that meeting of g-20 they changed the banking rules. The depositor that put money in their account at their bank would no longer be a depositor in the bank but a creditor in said bank. With the rules in bankruptcy being that the creditor would need to stand in line like other creditors for their money. This not about stocks but it does concern money at its root, your bank. Would like to know if this true or BS. Thanks

Endnotes:
  1. Australia: https://www.stockgumshoe.com/tag/australia/

Source URL: https://www.stockgumshoe.com/2015/02/microblog-new-banking-rules/


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