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Banker to central bankers

As general manager of the BIS, Agustin Carstens - a policymaker who's dealt with several financial crises over a 38-year career - now leads an institution that's been described as "the secret bank that runs the world".

"The BIS doesn't want to rock the boat gratuitously, but at the same time, if we see something has the potential to lead to unintended consequences, we feel obliged to say so to our shareholders, the central banks." - Agustin Carstens.

EVEN before he turned 50, Agustin Carstens was a veteran at handling economic and financial crises, as a central banker and finance minister.

Two years after he started his career in 1980 at the Mexican central bank, Banco de Mexico, the country defaulted on its external debt, triggering...

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