It is even possible that the expansion of the U.S. budget deficit would have been smaller had policymakers perceived global financial markets to be less willing to finance the gap. The view that the current account deficit stems from economic developments that are varied and yet intertwined has important implications for how the deficit will be corrected.
In a competitive environment where this segment of the financial sector is competing with first tier financial institutions, the process and  BIS central bankers’ speeches  1  effort you put into protecting your customer rights and fairness is important to ensure you retain them.