New Zealand's finance minister, Bill English, has warned a Greek default or exit from the eurozone would present different challenges to the global financial system than those faced during the Lehman Brothers crisis of 2008.
He told Bloomberg that liquidity backstops, such as international swap lines, have strengthened since the financial crisis. Meanwhile, banks have scaled back their balance sheets, making them more resilient....
We are all tired of talking about backstops and customs unions and voting blocs, but Brexit chat still manages to get centre stage to the exclusion of all else.
How to create order amid a seemingly disorderly exit
Part of investment committee restructure
To be held in July
Lloyds share rise on results