Davos, Switzerland (AP) -- the world's leading bankers in davos, Switzerland, the world economic BBS, in defense of the requirement to regulate their own industry more closely.
Bankers have been widely accused has left the world more than 200 unemployed population, and greatly reduce the standard of living, many developed countries financial crisis.
But, JP Morgan chase chairman and chief executive James Damon, said: "we are doing the right thing", and insist that the world needs the bank, so that people can buy a house, the government can play a role.
Webber (Axel Weber), UBS, chairman, admitted that the past "too far", but said, "this is meaningless debate to break the bank.
When it comes to Wednesday in davos, more than 2500 enterprises and political leaders annual event.
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