WORLD GLOBALIZATION OF THE BANKING & REGULATORY STRUCTURE PART 1 0f 2 By Joan Veon
June 29, 2009 NewsWithViews.com BASEL, SWITZERLAND - The power base of the world has shifted…it is no longer in London, New York City, Washington D. C., or Tokyo. Neither is it in Beijing or Moscow. It is Basel, Switzerland. In 1930, the Bank for International Settlements-BIS was set up as a result of the Young ...